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> One analyst predicts Facebook will easily be worth $200 billion by 2015. Right on! And by 2020 it could be the first company with a $1 zillion market value, s
by profmonocle 10y ago
> One analyst predicts Facebook will easily be worth $200 billion by 2015. Right on! And by 2020 it could be the first company with a $1 zillion market value, so buy-buy-buy, everybody!
Decided to look this one up. It hit $200B in late 2014, so that prediction was impressively spot-on: https://ycharts.com/companies/FB/market_cap https://ycharts.com/companies/FB/market_cap
- hourislate 10y agoThey are worth more than Boeing and Airbus and GE put together. Actually they are worth more than all the big auto manufacturers in the world combined. Incredible. What were their earnings?
- imtringued 10y agoAirbus has 4 times the revenue.
- soared 10y agoFacebook has insane yoy growth though. http://www.statista.com/graphic/1/268604/annual-revenue-of-facebook.jpg http://www.statista.com/graphic/1/268604/annual-revenue-of-f...
- umeshunni 10y agoWhat's funny about the quoted article (http://www.thedailybeast.com/articles/2010/12/17/facebooks-56-billion-valuation-and-more-signs-of-the-tech-apocalypse.html http://www.thedailybeast.com/articles/2010/12/17/facebooks-5...) is that of the 7 companies the blogger mentions in that list, only 2 are currently valued above those 2010 valuations - Facebook at 6x and Twitter at 3x. GroupOn is at 0.3x, Foursquare and Quora are zombies and it's unclear what's going on with Bonobos or Lunatik.