this post was submitted on 27 Jun 2026
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Meta is considering partnerships with betting platforms Polymarket and Kalshi as it continues to develop its own betting service (www.nytimes.com)
submitted 2 days ago* (last edited 2 days ago) by Wudi@feddit.uk to c/technology@lemmy.world
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[โ€“] man_wtfhappenedtoyou@lemmy.world 21 points 2 days ago (1 children)

Lol Meta is so pathetic. Somehow they will survive though.

[โ€“] WhatAmLemmy@lemmy.world 18 points 2 days ago

One you achieve a certain level of wealth, you can fail upwards forever, as long as you don't bet it all. A few million invested can generate a decent yearly wage for life. A few billion can generate tens of millions a year, even at the worst rates.

When you're at the Epstein classes level of wealth, you can lose billions without consequence.