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Yeah, the issue with trillion dollar scale companies is that they're already on at the extreme end of the diminishing returns curve. At its current subscriptio
by moralestapia 2y ago
Yeah, the issue with trillion dollar scale companies is that they're already on at the extreme end of the diminishing returns curve.
At its current subscription price, Workplace was bringing in $28 million in revenue. Not bad for me and you, but just 0.0025% of Meta's cap. Crazy.
- zeroonetwothree 2y agoand that revenue only supports ~100 eng salaries. I wonder how many were working on workplace
- umeshunni 2y agoThe $28M is monthly revenue.
- darby_eight 2y ago> 0.0025% of Meta's cap Surely yearly revenue would be more interesting here—presumably pretty much any financial metric you can select in a given year will be dwarfed by market cap.
- moralestapia 2y agoYes and yes.