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While I'm not going to say that facebook is worth 100 billion (or even the 66 billion it's at right now), it's easy to forget one fact: facebook is operating in
by johnrob 14y ago
While I'm not going to say that facebook is worth 100 billion (or even the 66 billion it's at right now), it's easy to forget one fact: facebook is operating in almost every part of the globe. The companies that are referenced in the feature may be large and well established, but few if any have the global penetration of facebook.
- pwaring 14y agoGlobal penetration is only useful if you can make money from it though, and it brings the problems of operating in multiple countries with different currencies, cultures, legal systems etc. Lots of the companies referenced in the feature have stayed in their home market for a good reason.