It’s been one of the worst times to be metaplatforms (GOAL 0.49%) investor, with the stock falling 70% since reaching an all-time high in the second half of 2021.

Amid difficult times for tech stocks and Meta specifically, CEO Mark Zuckerberg recently sat down with Andrew Ross Sorkin at the New York Times Dealbook Summit for an interview on December 2. In addition to conducting the first part of the interview on the current incarnation of Metaverse, Zuckerberg also laid out in more detail what’s going on with Meta’s controversial spending, where it’s going, and what the potential payoff could really be.

These were more details than Meta has shared on recent earnings calls and provided an encouraging picture for the platform, even on a downside case.

investors…