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 How to Lose 80 Billion Dollars in 2 Weeks and Much More
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Posted on 03-30-18 12:15 AM     Reply [Subscribe]
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Facebook has lost $100 billion from its market capitalization from its peak 2 months ago (or on February 2, 2018). It has now lost around $80 billion in about 2 weeks (or since March 16, 2018). 

The loss is greater than the total market value of some of the world's biggest and very  well known companies like Paypal ($91 billion) and Starbucks ($81 billion), and close to Netflix ($130 billion) and McDonald’s ($125 billion). 

Its has also gotten (indirectly) entangled into both Trump-Russia probe as well as Britain's Brexit campaign scandal.   

Guess the glory days of Facebook are over. What do you think ?



 
Posted on 03-30-18 1:59 AM     [Snapshot: 60]     Reply [Subscribe]
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"Guess the glory days of Facebook are over", I don't agree at all. In Fact, they are just starting making money. As more and more people use fb across the world, they ad campaign will grow accordingly.
This is just small setback for such a Giant platform and I am sure it will grow. Good thing for facebook is it has 0 competition just like Google in the search engine. It has become so big that it will enormous amount of competition to turn.
 


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