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by Calist0 1596 days ago
Facebook is doing great. To put things in perspective:

- On average, they net around 35 billion a year. With a valuation (MC) of 887 billion.

- On average, Google net around 51 billion a year. With a valuation of 1.8 trillion.

Facebook is making 68% as much as Google, with its valuation at less than half the price. And over the past 4-5 years Facebook's revenue has grown on average 32%/year, while Google grows 23%/year.

Really undervalued company IMO.

And their revenue did grow. They grew year-over-year. Just missed their target by 3%.

1 comments

The problem is of course, that Facebook is directly threatened by TikTok, while Google has a much stronger hold on its market segments. Google could continue growing, while Facebook actually shrinks.