Re:Snapchat Parent Working on IPO That Could Value Company a...
by adventured on Thursday October 06, 2016 @06:51PM
(#12656791)
> Every company that you listed produces a product other than Ad Space / eyeballs. Even Facebook has diversified to sell something other than ads
That's an exaggeration to put it mildly. Facebook is getting nearly all of their $22+ billion in sales from ads. They have practically no revenue diversification. Google is the same. So there's nearly a trillion dollars in market cap courtesy of ads.
That's an exaggeration to put it mildly. Facebook is getting nearly all of their $22+ billion in sales from ads. They have practically no revenue diversification. Google is the same. So there's nearly a trillion dollars in market cap courtesy of ads.