4 ms·
So Facebook is about a half a percent of the US GDP: 75000000000/15094025000000 = 0.4969%
by dzuc 14y ago
So Facebook is about a half a percent of the US GDP:
75000000000/15094025000000 = 0.4969%
- ojbyrne 14y agoIf the $75 billion was revenue rather than worth, sure. Otherwise you're comparing a static number (FB's valuation) to a per year "flow" (GDP).
- beagle3 14y agoCheck your units: GDP is $/year; your Facebook is $; $/($/year) = year. You should end up with a result in years, not in percent (which is unitless)
- smackfu 14y agoRight, the Facebook number should be change in worth per year for a proper comparison. Which is lower taken over the entire company's lifetime, but higher if you just include the last year.
- ajross 14y ago"The USA produces 200 facebook-equivalents a year" doesn't have the same impact, I guess.
- R_Semtex_III 14y agoI find it amusing that you would get pedantic about units, when your argument is pretty much moot since Financial Services has been bundled into what comprises GDP in the US. You know... that all productive sector that creates derivative trading and then gets to pull off a MF Global with impunity. Yeah... good gauge of viability and productivity that is.
- GavinB 14y agoFacebook does consume roughly one and a half percent of Americans' waking hours. ( highly rough estimate based on http://mashable.com/2011/09/30/wasting-time-on-facebook/ http://mashable.com/2011/09/30/wasting-time-on-facebook/ ) These various things aren't directly commensurate, but it shows a certain level of relevance to Americans. (And, though I shudder to admit it, there are other countries in the world.)