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So right now FB (at $110B) is market valued at about 1/2 of Google (at $201B). Let's say FB builds or buys a search engine, a popular web browser, a smartphone
by marshray 14y ago
So right now FB (at $110B) is market valued at about 1/2 of Google (at $201B).
Let's say FB builds or buys a search engine, a popular web browser, a smartphone platform equivalent to Android, a Gigabit fiber-to-the-home project, and an AdvFace that takes 50% of that market away from Google.
If all that were to happen, then it might make sense for FB's valuation to be comparable to Google's. G's might even shrink a little bit to help.
But G has that all functioning now, whereas FB's seems merely hypothetical. Could we not equivalently reason that FB could start a P2P auction market to rival Ebay? A distribution channel to rival Amazon?