Meta Has 3 Billion Users. Now What?

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 27 July 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Meta has our attention but will we follow Mark Zuckerberg into the metaverse? (00:21) Asit Sharma and Deidre Woollard discuss: - Meta’s soaring ad impressions amid a tough advertising market. - If Mark Zuckerberg will need to choose between AI and the metaverse. - How Chipotle is using robots to boost efficiency. (19:45) Matt Frankel interviews Walker & Dunlop CEO Willy Walker on commercial real estate debt and the challenges facing multifamily housing development. Companies discussed: META, CMG, SBUX, WD Host: Deidre Woollard Guests: Asit Sharma, Matt Frankel, Willy Walker Producer: Ricky Mulvey Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Over 3 billion people a day using better product, but will they follow Zuckerberg into the
0:10.4	metaverse?
0:11.4	Motley Fool Money starts now.
0:21.3	Welcome to Motley Fool Money.
0:22.7	I'm Dejra Wooliner to here with Motley Fool and Lesk, Asat Sharma, Asat How are you today?
0:27.4	I'm great teacher.
0:28.4	Good to be with you.
0:29.4	I am excited to talk to you about meta, because the market's excited.
0:33.6	Meta had their first double-digit year-over-year revenue increase since 2021.
0:38.7	But I think the thing that blew me away was that this company now has over 3 billion daily
0:43.1	active people on its family of apps.
0:46.5	I mean, wow.
0:47.5	So could it attract more users and do you think it's making the best use of all of that attention
0:53.0	so far?
0:54.3	I think it is, Dejra.
0:55.3	I mean, just the fact that meta can continue to grow that user-based, the monthly active
1:01.5	users by 3%.
1:02.5	Right?
1:03.5	Yeah.
1:04.5	Is it good use?
1:06.0	Because at this point, what you're trying to do is to drive further engagement, drive
1:09.8	further monetization.
	...

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