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FB is not losing any money - investors are. $1B is still a drop in the bucket for facebook.
by duaneb 14y ago
FB is not losing any money - investors are. $1B is still a drop in the bucket for facebook.
- ojbyrne 14y agoThose investors probably include every single person who works at facebook.
- encoderer 14y agoIt's in Facebook's interest for those shareholders to be long-term investors. The real damage I suppose is that, if it continues to drop, they'll certainly be a number of newish hires that have their option grants underwater. Not practically a big deal because there's certainly a cliff to their vesting, but underwater options aren't much of a retention tool.
- jonknee 14y agoIf a drop of the bucket is a years worth of non-GAAP profit, I guess you're right.