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20 years ago you could have bought a house for $50k in the town I live in currently. Today same house is $500k. So, 10 times more. Let's extrapolate that to Fa
by super_mario 12y ago
20 years ago you could have bought a house for $50k in the town I live in currently. Today same house is $500k. So, 10 times more.
Let's extrapolate that to Facebook vs Microsoft and basically Facebook would have to have $89 billion in sales or alternatively have 70,000 employees.
This is of course rubbish but illustrates the point that you can't compare revenues from 20 years in absolute terms like there is no such thing as inflation and time value of money.