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Company Description

Meta's mission is to empower people to create communities and foster global connectivity. They are focused on building the metaverse and offer a range of products to facilitate connections, community-building, and business growth. These products are accessible via mobile devices, computers, virtual reality headsets, and wearables. 

Meta operates under two segments: Family of Apps (FoA) and Reality Labs (RL). FoA generates revenue primarily through advertising placements on platforms like Facebook, Instagram, and Messenger. RL concentrates on metaverse development and includes consumer hardware, software, and content sales. Currently, RL offers products like Meta Quest virtual reality devices and augmented reality experiences, such as Horizon Worlds and Ray-Ban Stories smart glasses.

Their Family of Apps includes Facebook, Instagram, Messenger, and WhatsApp, each serving as a platform for social interaction, community building, and economic opportunities.

Source: Company 10K


Insider Trading

Investor Relations

SEC Filings


Aswath Damodaran - Corporate Governance


Aswath Damodaran - Accounting

Aswath Damodaran - Tell Me A Story

Bireme Capital


Mostly Borrowed Ideas - Efficiency

Mostly Borrowed Ideas 

Richard Duncan (paywall)


Stratechery - AI, Moats and Open Source

The Diff

Uncover Alpha 

Wedgewood Partners



CBS News - Welcome to the Metaverse

CNBC - WhatsApp


IGN - Meta Connect 2023 (Quest 3 Revealed)

Lex Friedman's Interview With Mark Zuckerberg In The Metaverse



NY Times - This is Life in the Metaverse

Wall Street Journal - I Spent 24 Hours Trapped in the Metaverse

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