Facebook is a really exciting company. On the one hand, the company is already making a lot of money (revenue: $86 billion, profit: $29 billion, FCF: $23.6 billion), but on the other hand, it has big plans for the future, namely the so-called Metaverse. The Metaverse is supposed to be a virtual environment in which you are instead of just looking at it. To get closer to this goal, the next product has already been announced: smart glasses in cooperation with Ray Ban and EssilorLuxottica.
The valuation seems appropriate and fair from our point of view, but not particularly favorable.
