I'd like to hear what you'd think if 'Core Facebook' went out of business right now (but not WhatsApp/Instagram)...Was it a profitable endeavour or not?
Core Facebook probably would have been profitable. They declared after tax earnings of over $2bn for 2010-2013. I dare say they raised over $20bn from investors but much of that went on WhatsApp & Instagram.
In reality of course they are not going out of business right now and are worth quite a few billions.
But thinking about it more, my earlier post wasn't relevant to this thread since the message I replied to was just expanding upon the idea of Facebook printing money and it should be okay to include Instagram and WhatsApp revenues there.
I find it hard to believe that it is worth 2/3 of what google is when the revenues are 6 times lower, less diversified (if you can call oculus rift an investment). Printing money seems like an overstatement, they are financing it largely at a cost and I just don't see how you can monetize what essentially is facebook, a free chat device inferior to skype.
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Core Facebook probably would have been profitable. They declared after tax earnings of over $2bn for 2010-2013. I dare say they raised over $20bn from investors but much of that went on WhatsApp & Instagram.
In reality of course they are not going out of business right now and are worth quite a few billions.
They're worth $217b to be exact and have an EBITDA of $6b (on $11b in revenue).[0] They are effectively "printing money" at this point.
[0] - http://finance.yahoo.com/q/ks?s=FB+Key+Statistics
I would assume that evaluation includes all of Facebook, not just the core portion.
What exactly is "core facebook"?
FB without WhatsApp or Instagram (see the GGGGP)
But thinking about it more, my earlier post wasn't relevant to this thread since the message I replied to was just expanding upon the idea of Facebook printing money and it should be okay to include Instagram and WhatsApp revenues there.
I find it hard to believe that it is worth 2/3 of what google is when the revenues are 6 times lower, less diversified (if you can call oculus rift an investment). Printing money seems like an overstatement, they are financing it largely at a cost and I just don't see how you can monetize what essentially is facebook, a free chat device inferior to skype.