#2
Facebook to Meta
Mark Zuckerberg's decision to rename Facebook to Meta was a desperate escape hatch from bad press, and it backfired spectacularly. He spent $36 billion on a virtual reality world that almost nobody uses, making this the most expensive delusion in corporate history—a price tag 15 times higher than Tropicana's $35 million packaging disaster. The word "Meta" quickly became synonymous with corporate fantasy, outperforming #4 in public ridicule while delivering zero measurable return on investment. With user engagement in Horizon Worlds dropping 50% in its first year, this rebrand exemplifies how a data-led pivot can amplify a brand's worst attributes rather than its strengths.
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