Confession: I Don’t Think Uber Is Actually a Great Business (Yet)

Re:Confession: I Don’t Think Uber Is Actually a Great Busine... by edblarney on Saturday December 10, 2016 @11:05PM (#13149538)

"FB revenue growth is still insane"

Agreed, but in order to justify the massive P/E they would have to be growing quite a lot for the next 10 years.

I don't seem them delivering this kind of growth over that time.

Maybe.

Google was able to do it for a long while.

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Re:Confession: I Don’t Think Uber Is Actually a Great Busine... by justapassenger on Sunday December 11, 2016 @02:32AM (#13150025)

Google has P/E ratio of 28. Facebook P/E ratio is right now only ~60% bigger, at 46 (and it already showed huge drop from >100 last year, as earnings are catching up with investors bets).

G revenue is growing at the rate of ~20%, while FB is doing >50%. If stock price for FB growth continues, it'll reach Google P/E ratio pretty soon - not 10 years. More like a year.

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