Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha and Alex crawled through the metaverse, leaning on Facebook’s latest earnings and Microsoft’s newest appetite as somewhat of a map.
Our question, after much thinking, gets into the heart of what the metaverse is built for:
Will the metaverse be for work, or for play?
We’re not picking sides, necessarily, but exploring how two companies within Big Tech are staking bets in the digital world, and how we think those bets will shake out long term for them and the startups that look up to them.
Facebook seems to be taking a work-styled approach, Microsoft is big in games and startups are trying a host of different methods for building our digital next. Who is right? Who will win? And how will we get here? That’s what we wanted to dive into, and we put whatever didn’t get into the episode into this TC+ three views.