Summary of Why Meta Dropped 70%

00:00:00 - 00:10:00

The YouTube video "Why Meta Dropped 70%" discusses the reasons behind the decrease in value for the company Meta. Financial troubles and investigations from the FTC have caused the stock price to drop back down to where it was a year ago. The creator of the video no longer supports Meta as a company.

• 00:00:00 Meta dropped 70% in value in less than a year, staff have been stealing user accounts and bribing managers, and the company's business model and metaverse project are failing. This explains the company's stock price dropping back to where it was a year ago. If you invested in meta at that time, you have lost money.
• 00:05:00 Meta dropped 70% because of financial troubles and the fact that they are facing investigations from the FTC and lawmakers. They also lost a lot of customers to Facebook and TikTok.
• 00:10:00 Meta dropped 70% because the creator no longer supports it.