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The value of FaceBook acquisitions like WhatsApp and Instagram is somewhat recursive though, having been set by Facebook itself when it purchased them mostly ba
by grey-area 11y ago
The value of FaceBook acquisitions like WhatsApp and Instagram is somewhat recursive though, having been set by Facebook itself when it purchased them mostly based on the value of its own stock (itself a bet on future profits).
- baldfat 11y agoFacebook is profitable since at least 2009 http://amigobulls.com/stocks/FB/income-statement/annual http://amigobulls.com/stocks/FB/income-statement/annual Gross Profit 2014 - 12.47 B 2009 - 330 M Net Profit 2014 - 2.94 B 2009 - 229 M
- grey-area 11y agoThe valuation is about 100 of those years of profit, which is a bit high IMO.