4 ms·
Frankly, I struggle to see how virtually any internet company warrants a valuation north of $100 billion dollars. Especially those with a P/E ratio approaching
by corford 14y ago
Frankly, I struggle to see how virtually any internet company warrants a valuation north of $100 billion dollars. Especially those with a P/E ratio approaching or beyond 100.
$100,000,000,000 is a VERY big number. It feels almost absurd (to me at least) that a single company can create that much "value" in less than 8 years. But maybe I'm the one with the problem and I just can't get my head around "web scale" economics.
- gtirloni 14y agoI tend to look at prices as a joke. An illusion that I'm willing to play a part in. When I apply that logic to FB's 100bn valuation, it makes sense. Doesn't make us all look any less stupid though.