[CodeCompost]

> Now Meta, the trillion-dollar company

How is it that Meta is worth a trillion dollars?

[simonw]

They capture around 15% of global ad spending.

$200bn annual revenue with a 5x sales multiple gets you to a trillion dollars.

[pixl97]

Turns out sucking up all the information there is and displaying ads is worth a lot.

[parpfish]

That’s still a little mind boggling.

They don’t make anything or directly help somebody else make something.

they provide a platform that can maybe sometimes nudges an individual purchasing decisions in one direction.

[celticninja]

because it is all made up