News for hackers. Stuff that matters.

A comment on Twitter’s mass layoffs have begun. Parent comment

Re:Twitter’s mass layoffs have begun by s1artibartfast on Friday November 04, 2022 @12:14PM (#33469114)
Sure, but that is revenue, not valuation, which can be lower (or higher).

For example, Walmart has 560B+ revenue per year and a market cap of 380B.

[ Parent | on HN ]
Re:Twitter’s mass layoffs have begun by protomyth on Friday November 04, 2022 @12:24PM (#33469312)
Cargill would have an amazingly high valuation just due to all the assets owned.
[ Parent | on HN ]
Re:Twitter’s mass layoffs have begun by s1artibartfast on Friday November 04, 2022 @12:28PM (#33469386)
You may very well be right! I didn't mean to come off saying you are wrong, just that Revenue isn't a proxy. IKEA on the other hand I very highly doubt has a higher market cap. Retail typically has high Revenue and low margin, like Walmart
[ Parent | on HN ]
Re:Twitter’s mass layoffs have begun by protomyth on Friday November 04, 2022 @12:36PM (#33469528)
For a bit of information https://m.startribune.com/minnesotas-cargill-is-largest-u-s-...
[ Parent | on HN ]