> - Facebook has a massive, $35.5 billion hoard of cash, cash equivalents and marketable securities. It's the third biggest S&P 500 company by this metric that

> - Facebook has a massive, $35.5 billion hoard of cash, cash equivalents and marketable securities. It's the third biggest S&P 500 company by this metric that isn't paying a dividend, after Berkshire Hathaway and Alphabet. It's "massive" but compared to AAPL's $250 billion in cash, FB's cash it is still fairly small. > Facebook and Google combine to account for up to 99% of advertising growth. They both pretty much dominate the search/video/social media space. What is most astounding to me is that every nation doesn't develop their own google/FB. I still find it incredible that most of europe is dominated by google and facebook. Even india. I respect what FB and GOOGL have done, but their "tech" isn't hard to replicate. With regulation and government authority, countries like germany, india, france, etc can develop their own FB and GOOGL. China, Russia, Japan, Korea, etc are smart in developing their own local tech/social media/etc industries. I'm so astounded that germany, france, india, etc have completely ceded their territories to google/FB/etc. I can understand britain/canada/australia ceding control to the US since we are anglo nations with similar culture, language and historical roots. But why don't spanish speaking countries, german speaking countries, french speaking countries, etc have their own "google/FB"?