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Value of Facebook?
by cft 4y ago
Value of Facebook?
- shadowgovt 4y agoThe burden of proof is on the interlocutor to disprove the value of a Fortune 500 company, yes.
- cft 4y agoI guess at 460bn market cap it's a tad more valuable than the drug market https://www.worldometers.info/drugs/ https://www.worldometers.info/drugs/ "With estimates of $100 billion to $110 billion for heroin, $110 billion to $130 billion for cocaine, $75 billion for cannabis and $60 billion for synthetic drugs, the probable global figure for the total illicit drug industry would be approximately $360 billion"
- shadowgovt 4y agoCorrect. To square the circle, consider that while they're being fined heavily for their involvement in a massive legally-sanctioned opioid epidemic, the major drug companies aren't even being dissolved. At this scale, for corporations, total value to society is part of the calculus society does. And KF has no value to demonstrate to offset the harm.