Here’s What Execs Are Saying About the ‘Metaverse’ in Earnings Calls
- Tech leaders are increasingly using the vague term “metaverse” in earnings calls with investors.
- Many are following the lead of Meta, who announced it would be focusing on building the metaverse.
- Executives had different expectations for what the “metaverse” will be when questioned in earnings calls.
The “metaverse” has become a hot topic for executives, analysts, and investors alike, being mentioned in the earnings calls of more than 15 companies in the past few months alone.
As the tech world grapples with what the metaverse will actually look like, several executives have started weaving mentions of it into discussion with investors. However, their remarks indicate they are still fairly unsure of what specifically the metaverse is and how it functions.
While Facebook’s recent rebranding to Meta helped increase awareness of the metaverse and propelled it to a topic of global conversation, even CEO Mark Zuckerberg only