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A comment on Tech Unicorns Are Going Public at Near-Record Pace. Parent comment

Re:Tech Unicorns Are Going Public at Near-Record Pace by cobookman on Wednesday December 19, 2018 @04:27PM (#18719841)
Even if Facebook has a 50% reduction in rev, they'd likely be breaking even, and not touch their massive cash reserve.

2017 earnings:

* 40B of Rev

* 5.5B cost to rev

* Gross profit of 35B

* Operating Income of 20B

https://www.nasdaq.com/symbol/fb/financials?query=income-sta...

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Re:Tech Unicorns Are Going Public at Near-Record Pace by grey-area on Wednesday December 19, 2018 @05:37PM (#18720534)
Thanks for the figures, maybe they are too big to fail at this point. I’ll be interested to see how they weather the coming downturn and multiple scandals.
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