Meta isn’t even in the top 20 most valuable U.S. companies

https://www.cnbc.com/2022/10/27/meta-is-no-longer-one-of-the-20-biggest-us-companies.html

by HieronymusBosch • 4 years ago

54 26 4 years ago

cnbc.com

Temporary_31337• 4 years ago

When you think about it, why should it be. It’s just a website with a lot of users.

adammarples• 4 years ago

It serves billions of adverts

MiguelX413• 4 years ago

Not a reason why it SHOULD be a highly-valued company

everforward• 4 years ago

They also have the ability to manipulate public sentiment. It's not a limitless ability, but that faculty alone is probably worth a decent amount to the right buyers.

yucky• 4 years ago

I don't use Facebook, but this is a silly take. They're doing around $120 Billion revenue for 2022.

That being said, I'm glad to see them sinking and hope they take the rest of social media down with them, for the sake of humanity.

armitron4• 4 years ago

I agree, I don't see FB surviving past 5 years. On the other hand, you gotta give props to Zuck for throwing serious money at cutting edge VR research, shareholders be damned. FB will sink but VR will move forward.

One can only hope that Google (no innovation whatsoever, creepy) and Amazon (despicable dehumanizing machine) are next in line.

wilg• 4 years ago

It is, however, in the top 21 most valuable U.S. companies.

FullyFunctional2• 4 years ago

Meta is the new Yahoo

I’ve been watching for a while for it to drop below Costco ($COST 219.8B). Won’t be long now. I look forward us acknowledging that Zuck was merely lucky, not some visionary.

wobbly_bush• 4 years ago

I look forward us acknowledging that Zuck was merely lucky, not some visionary

Isn't that already acknowledged in the tech circles?

armitron4• 4 years ago

If the metaverse gamble works out (and I don't think it will), he'll be called the greatest visionary since Edison. I despise FB and everything it stands for, but I quite like Zuck gambling big on VR.

DeathArrow• 4 years ago

Time to make some money by shorting Meta?

1letterunixname2• 4 years ago

Go ahead and go for that margin call. Its value target in 2023 is still $200.

Meta isn’t even in the top 20 most valuable U.S. companies

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