Re:Peter Thiel sells most of remaining Facebook stake
by kevstev on Wednesday November 22, 2017 @05:06PM
(#15761116)
That's actually a good thing for their long term outlook- a higher ceiling on their potential growth.
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Re:Peter Thiel sells most of remaining Facebook stake
by MarkMc on Wednesday November 22, 2017 @07:21PM
(#15761832)
True, although the number of active users is only a small component of Facebook's enormous growth.
In past 4 years Facebook have grown their user base by 80%, mostly in lower-income countries. But over the same period revenue has grown 400% and pretax profit 600%.
So Facebook will likely have significant growth long after their user base levels off.