Why Facebook is Spending Billions on the Metaverse

https://www.youtube.com/watch?v=QvZSdDC9rWo

Oakland News Now – Why Facebook is Spending Billions on the Metaverse – video made by the YouTube channel with the logo in the video’s upper left hand corner. OaklandNewsNow.com is the original blog post for this type of video-blog content.

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The “metaverse” certainly has a ton of hype around it right now, but I think it’s actually a pretty good term to describe what will happen when a bunch of interesting technologies start to come together.

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ABOUT JOHN COOGAN:
I am the co-founder of http://soylent.com and http://lucy.co, both of which were funded by Y Combinator (Summer 2012 and Winter 2018).

I’ve been an entrepreneur for nearly a decade across multiple companies. I’ve done a lot of work in silicon valley, so that’s mostly what I talk about. I’ve raised over 10 rounds of venture capital totaling over $100m in total funding.

I work mostly in tech-enabled consumer packaged goods, meaning I use software to make the best products possible and then deliver them to the widest possible audience. I’m a big fan of machine learning, python programming, and motion graphics.

OTHER VIDEOS:
Peter Thiel’s Big Bet on Space Manufacturing – https://youtu.be/1FNQ108h8iM
The Only Reason SpaceX Works (Gwynne Shotwell) – https://youtu.be/K1xWaua-nLI

CONTACT:
You can get in touch with me via Twitter: https://twitter.com/johncoogan

Disclaimer: This video is purely my opinion and should not be regarded as a primary source. I am not a financial advisor and this is not a recommendation to buy or sell securities. Always do your own due diligence.

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Note from Zennie62Media and OaklandNewsNow.com : this video-blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media , Inc. mobile media video-blogging system network that was launched June 2018. This is a major part of Zennie62Media , Inc.’s new and innovative approach to the production of news media. What we call “The Third Wave of Media”. The uploaded video is from a YouTube channel. When the video is “liked” by Zennie62 YouTube, then it is automatically uploaded to and formatted automatically at the Oakland News Now site and Zennie62-created and owned social media pages. The overall objective here, on top of our is smartphone-enabled, real-time, on the scene reporting of news, interviews, observations, and happenings anywhere in the World and within seconds and not hours – is the use of the existing YouTube social graph on any subject in the World. Now, news is reported with a smartphone and also by promoting current content on YouTube: no heavy and expensive cameras or even a laptop are necessary, or having a camera crew to shoot what is already on YouTube. The secondary objective is faster, and very inexpensive media content news production and distribution. We have found there is a disconnect between post length and time to product and revenue generated. With this, the problem is far less, though by no means solved. Zennie62Media is constantly working to improve the system network coding and seeks interested content and media technology partners.