To be fair, to "lose" billions of dollars. Really means putting that money into ... | Hacker News

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		sithlord on Nov 9, 2022 \| parent \| context \| favorite \| on: Meta lays off 11,000 people To be fair, to "lose" billions of dollars. Really means putting that money into the economy without any immediate return. Which kinda sounds like a good thing?

abdabab on Nov 9, 2022 | [–]

When the valuation drops those money just evaporates. They don’t go into economy.

Yhippa on Nov 9, 2022 | [–]

Inefficient allocation of capital doesn't sound like a good thing to me.

tiagod on Nov 13, 2022 | [–]

Maybe it wasn't so well allocated if it was gone this fast.

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