Meta Platforms

Meta’s management is founder-led and visionary. CEO Mark Zuckerberg (with control via Class B shares) has driven long-term strategy and been willing to make bold bets. He has successfully navigated prior challenges (e.g. post-pandemic recovery, competition) and now is prioritizing AI and the metaverse.

Recent statements highlight his commitment: for example, the company announced plans to invest ‘‘hundreds of billions’’ in AI data centers and formed a Superintelligence Lab with expert leaders. Executives have been effective at enhancing core ad monetization (e.g. boosting Instagram Reels ad share).

While some may worry about too-centralized decision-making, this founder leadership has created enormous value historically. Zuckerberg’s incentives are aligned (he holds significant equity) and the management team includes industry veterans (e.g. head of AI initiatives, Andrew Bosworth).

Thus we rate qualitative leadership very highly, noting strong track record of capitalizing on new tech trends.