I still can't comprehend how they managed to blow that much money on what appears to be just a worse version of VR Chat.

Yeah and VRChat must have cost like what? A few million?

One thing that VRChat did lack and horizons had is an in-app builder though. On VRChat you have to use unity which is a big barrier.

But other similar apps do have built in builders too like viverse and spatial have that too and they haven't cost billions either.

I don't know what they've done with all that cash but it feels like they have very little to show for it. Some decent hardware sure but still.

When I worked there a few years back, my eyes rolled hard without VR at $22B of CapEx being spent without clearly-established market demand. They should've spent $1B at least on marketing Workplace and that home assistant box, whatever it was called.

I can understand the passion and research for innovation and improvement. I can understand trying to earn even more money with your research and investment.

I cannot understand that when there is SO much suffering in the world that can relatively easy be solved by throwing a few billion dollars in it that one can justify spending billions in things people do not want.

The man can be the best inhabitant earth has ever known by massively funding research for good clean water, correct waste disposal, clean energy and good food for all of us. Maybe even make a profit of it! But he decides to put his massive resources in virtual reality...

At least spend a fraction of your money to give every poor woman a Divya Washing Machine[1] so that they have more time to do other things, perhaps even improving your stupid Metaverse for you.

[1]: https://www.thewashingmachineproject.org/