Pretty amazing. If anyone told those kids working in a basement that their website google would be worth more than General Electric, they would think you took too much meth.
Amazing how times change.
Amazing how times change.
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Google now worth more than General Electric.
- Thread starter KINGOFSHORTS
- Start date
Quote from KINGOFSHORTS:
Pretty amazing. If anyone told those kids working in a basement that their website google would be worth more than General Electric, they would think you took too much meth.
Amazing how times change.
google is not worth more than ge, and before you point me to a yahoo finance link that shows market cap, keep in mind only retards value a company by market cap.
And so it should be. GE's major business is credit. Easy credit. Those days are gone. They will get smashed by defaults in the next 24 months.
Runningbear
Runningbear
Quote from MrDODGE:
GE should be worth zero but thanks to Mr. Government they have a market value of over $100 billion.
Well it might happen sooner than later. If GE is forced to spin off the finance division on Obamas They would only be rated single A which would force collateral calls.
The cascading effects on the market will be quite interesting though.
Quote from aegis:
And Facebook is worth $5 bil.
ha ha.. its worth 5Billion only in their eyes..
i wish they list in an IPO , I want to see how they come up with their 70% year over year revenue growth.. no damn way.. this thing will fall flat...
as long as facebook is free , u will have 230 million users.. try pushing in paid services and see.
BTW, has microsoft ever made money over the 300 million it paid for hotmail. i doubt..
same with youtube.. an article mentioned that google is loosing 10 million on youtube each day.. how will they monetize that.. lets see ..