Derek Wood
👤 Person
46
total appearances
Appearances Over Time
Podcast Appearances
Bloomberg Tech
Meta Stock Surges on Plans for Metaverse Cuts
And an investor sentiment is super skeptical right now.
Bloomberg Tech
Meta Stock Surges on Plans for Metaverse Cuts
I mean, we've always thought that 2026 will be the year of inflection in the software space around AI.
Bloomberg Tech
Meta Stock Surges on Plans for Metaverse Cuts
It takes a lot longer to go through sales cycles, new product development than some of the consumer stuff that we see taking off so quickly.
Bloomberg Tech
Meta Stock Surges on Plans for Metaverse Cuts
And so we're hoping that 2026 is going to be the year where a lot of these new products kick into new gear.
Bloomberg Tech
Meta Stock Surges on Plans for Metaverse Cuts
People get through proof of concept, move into production, start getting more comfortable with new pricing models.
Bloomberg Tech
Meta Stock Surges on Plans for Metaverse Cuts
And we're hoping that that is going to turn the corner on the sentiment for investors in the application software bucket.