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Thursday, November 5, 2015

Facebook is now a $300 billion company

Facebook is now a $300 billion company

The largest social network ever created started trading today worth $306 billion by market cap.

Let’s put that into context: #Facebook, a company designed to sell ads against the every whim of its 1.55 billion users, is now nearly half the size (44 percent) of #Apple, the most valuable company in existence (Apple’s market cap today: ~$684 billion).

Or, you can think of Facebook as roughly: 4 to 5 #Uber s (rumor has it), 9 #Yahoo s (at ~$33B market cap), 12 Airbnbs, 15 Twitters (at ~$20B market cap), 107 Slacks, approximately 300 newly-minted unicorns, or more than half (59 percent) of an #Alphabet (Alphabet/#Google ’s market cap today: ~$514B). Now let’s visualize that.

http://venturebeat.com/2015/11/05/facebook-is-now-a-300-billion-company/

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