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> But it's also common knowledge that there are quite a few low-margin businesses, which have insane revenue, but comparatively very low profit - general stores
by ViViDboarder 5y ago
> But it's also common knowledge that there are quite a few low-margin businesses, which have insane revenue, but comparatively very low profit - general stores, for example.
Sure. But Facebook isn’t one of those.
- Sebb767 5y agoWhich is pretty irrelevant - profit and revenue are only loosely correlated. My point is that simply stating the revenue percentage does hardly tell anything about the actual impact.
- wdb 5y agoYou have the fine them were it hurts to make it more effectual so they won't do similar things anymore. There are also say why do they only pick on American companies but that's mostly because of SV is in the US.
- ViViDboarder 5y agoIt can be relevant when talking about a company like Facebook while not relevant to others.