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That is exactly it. It's not the first time Zuckerberg went into that direction and failed.

He tried the same with the mobile market (and was ridiculously late in the game with a not-much-differentiating offering, not unlike Amazon). I guess he didn't want to make that mistake again and tried to be early in VR, which seemed the 'next big thing' for him for some reason.

https://www.lifewire.com/whatever-happened-to-the-facebook-p...

He dabbled in crypto thing when that was all the hype. Didn't end any better. https://www.ft.com/content/a88fb591-72d5-4b6b-bb5d-223adfb89...



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