The metaverse was such a big deal that Facebook changed its name to Meta Platforms (META 1.13%). But two years later, the metaverse is rarely talked about. In this video, Travis Hoium covers what happened and where the metaverse thesis went wrong.
*Stock prices used were end-of-day prices of Sept. 20, 2023. The video was published on Sept. 22, 2023.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Matterport and Unity Software. The Motley Fool has positions in and recommends Matterport, Meta Platforms, Roblox, and Unity Software. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.