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There's one thing he forgot to compare: number of employees. According to Wikipedia, Facebook has 3000+ employees, and SAP AG has 53513. So, profit per employe
by egor83 15y ago
There's one thing he forgot to compare: number of employees.
According to Wikipedia, Facebook has 3000+ employees, and SAP AG has 53513. So, profit per employee is ~300k for FB and 22k for SAP.
- johnappleby 15y agoInteresting comparison and let's be fair: Facebook's EBIT (which is the real financial comparison) is pretty decent. SAP's EBIT was pretty low in 2010 - expect it to increase in 2011 based on preliminary results. Main point is FB's financial model isn't proven medium-term. Also SAP have a lot of low-cost employees in India/China. Hard to compare with FB really.
- dextorious 15y agoAnd this metric matters over profits because? If I have a 1,000,000 person company that has 1 bln in profits, and you have a 100 person company that makes 10 million in profits, you make 100 mores per employee. But I get to bank a cool billion...
- lmm 15y agoSure, but mine is probably a more interesting company for TechCrunch to write stories about. It's more likely to be innovating in ways that readers will care about.