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by tim333
3794 days ago
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For Facebook current profits are about $6bn a year. To justify a 319bn cap they'd have to earn maybe $18bn /year giving a 18x PE, or about 3x what they do today. I think it's quite likely they'll achieve that in the next 5-10 years. You've got remember the billions of rural poor will probably be less poor in a decade or two. |
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