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.
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.