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by throwaway888abc 889 days ago
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...

lol, that's an investment!

1 comments

$7 billion is a lot, but not comparable to the GDPs of countries which are in the trillions (unless you compare to the smallest of the long-tail).

Meta's annual revenues alone exceed $100B+ at this point, assuming these purchases are staggered over 2-3 years, it is basically adding a 2-3% overhead to their expenses on an annualized basis.