4 ms·
The headline and article specify “U.S.”, but isn’t this true for any company in the world throughout history? Honest question.
by mistersquid 6y ago
The headline and article
specify “U.S.”, but isn’t this true for any company in the world throughout history?
Honest question.
- papaf 6y agoIts impressive but colonialism pays better: https://www.businessinsider.de/international/how-todays-tech-giants-compare-to-massive-companies-of-empires-past-2017-12/?r=US&IR=T https://www.businessinsider.de/international/how-todays-tech...
- joshuaissac 6y agoAdjusted for inflation, the Dutch East India Company had a peak market capitalisation of $7.9t. https://www.visualcapitalist.com/most-valuable-companies-all-time/ https://www.visualcapitalist.com/most-valuable-companies-all...
- mistersquid 6y agoThank you for this deconfirming (denying?) example! The Dutch East India Company and, as another commenter mentioned, colonialism give much food for thought.
- lkbm 6y ago"Refuting" works best here. It's mind-boggling to really look at the size and power of colonial trading companies. I've been meaning to re-try reading the Baroque Cycle -- started once, but gave up a ways in.
- zeroonetwothree 6y agoThough prices were much less efficient then so this has much larger error bars. Plus our inflation estimates that far back are very rough.
- em500 6y agoOnly according to fantasy inflation adjustments, see my earlier comment on this: https://news.ycombinator.com/item?id=19622046 https://news.ycombinator.com/item?id=19622046
- sudosysgen 6y agoHow much do you think just the land that the Dutch East India company owned would be worth? (Hint: multiple trillion dollars)
- hnra 6y agoDepends on if you correct for inflation.
- viro 6y agothe Dutch East India Company was worth $7.9 trillion in modern dollars