3 ms·
If you're at your max level then you need to have been profitable quite awhile ago. They aren't and have never really been close. And if they were to go for p
by nemo44x 10y ago
If you're at your max level then you need to have been profitable quite awhile ago. They aren't and have never really been close.
And if they were to go for profit now they'd be worth of a market cap of a couple billion - many times lower than what they are now.
- vehementi 10y agoAnd that's fine, right?
- notfromhere 10y agoMarket cap is more of a measurement of hype around a tech stock rather than its actual value.
- eridius 10y agoMarket cap is a measurement of what investors think the company's value will be after taking into account future prospects (as opposed to what its value is today without considering the future). This can occasionally lead to weird situations like companies whose market cap is less than the value of the company's assets.
- sbov 10y agoYes, and what investors think of future prospects are influenced by hype.
- paulddraper 10y ago...unless your revenue is fine, but you've hired a couple thousand more people than you should.