2 ms·
I was trying to contextualize how big of scale that number is. And I was reading the NYTimes piece on ATT/TW/WB. "That amounts to a loss of about $47 billion
by basch 4y ago
I was trying to contextualize how big of scale that number is. And I was reading the NYTimes piece on ATT/TW/WB.
"That amounts to a loss of about $47 billion for AT&T shareholders, based on AT&T’s $109 billion valuation of the deal at the time it was announced."
AT&T lost its shareholders $47 billion in 4 years. Obviously you need to divide both numbers by stakeholders, but even still. IT is really hard to just fathom how much $10B, $15B $47B is. At these scales, numbers just mean different things.