Hacker News new | ask | show | jobs
by davide_v 1713 days ago
"only a few hours" for Facebook is literally billions.
2 comments

Only $13.3 million per hour in revenue [1], but about $45 billion in market cap today [2].

1. https://fortune.com/2021/10/04/facebook-outage-cost-revenue-...

2. https://www.google.com/finance/quote/FB:NASDAQ

You mean $945B?
At close, market cap was approximately 920B and the stock was down about 5%. The change in market cap is therefore about 920B * (1 / 0.95 - 1) ~ 48B
But 6 hours for Facebook is proportionally the same as 6 hours to anyone. If 6 hours is a billion to them, they still made 3 billion