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Here in Startupland we sometimes disparage 15%/year. But at the scale where big companies operate, that can be truly massive. facebook is realizing something li
by eldavido 9y ago
Here in Startupland we sometimes disparage 15%/year. But at the scale where big companies operate, that can be truly massive. facebook is realizing something like 15% return on 70 billion of equity book value.
Getting 15% on a 100k real estate flip is one thing. Realizing 15% on 70 billion dollars is quite another.