2 ms·
So while it seems like $100B dollars is a large sum, it's really about 12% ish of the market valuation. Yes it hurts, but no, it's not the end of the company.
by bb88 9y ago
So while it seems like $100B dollars is a large sum, it's really about 12% ish of the market valuation. Yes it hurts, but no, it's not the end of the company.
Think of it this way. How much money will FB have to spend to rebrand itself and fix the privacy issues. $1 Billion, maybe $2 Billion?
You can do a lot with $2B dollars.
- megablast 9y agoIt will be back up within a few weeks. That is the way it works.
- shady-lady 9y agoit's 18% percent. current market cap is 465 billion [yahoo data] market cap 10 days ago was 565 billion (465 + 100) drop is 100B/565B = ~18% over the last ten days. share price now back to july '17 price, wiping out 9 months of gains. i'd also posit that there will be more to come to light. loose data practices costs points!