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> Now Meta, the trillion-dollar company How is it that Meta is worth a trillion dollars?
by CodeCompost 8mo ago
> Now Meta, the trillion-dollar company
How is it that Meta is worth a trillion dollars?
- pixl97 8mo agoTurns out sucking up all the information there is and displaying ads is worth a lot.
- parpfish 8mo agoThat’s still a little mind boggling. They don’t make anything or directly help somebody else make something. they provide a platform that can maybe sometimes nudges an individual purchasing decisions in one direction.
- simonw 8mo agoThey capture around 15% of global ad spending. $200bn annual revenue with a 5x sales multiple gets you to a trillion dollars.
- celticninja 8mo agobecause it is all made up