4 ms·
value != revenue (Not justifying the status quo -- just pointing out that a valuation does not imply liquid capital)
by VolatileVoid 15y ago
value != revenue
(Not justifying the status quo -- just pointing out that a valuation does not imply liquid capital)
- shingen 15y agoWhile that's definitely true, Facebook is of course not lacking in free capital to throw at this problem. They had $4 billion in cash before the IPO. They'll have $9 billion after it.