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Meta is, to a large extent, a company built on the ideas of other companies. You’ve almost mastered the strategy: wait for a new platform or social mechanic to take off, then buy or clone it, put it next to your unparalleled meta user base and ad engine, and watch the money pile up. Well, it looks like the next big thing is Turn everything into gambling. So why not Meta manufactures Polymarket?
on This episode of vertcastDavid and Nilay discussed the reported prediction market application built within Meta, as well as the company’s own app Attack to last news this week – It’s huge, it seems to be growing Moral problems. Nilay’s at Cannes Lions in France this week, where Meta’s advertising prowess is on full display, yet Meta also appears to be in crisis. So what is it? And what is your Facebook feed about to become?