Is Facebook/Meta grossly undervalued?
Facebook currently has a valuation of $495B on the market with $117.9B in revenue last year, 3.59 family MAP and $39.370B NI. Meanwhile, Tiger Global invested $1.1B in TikTok's parent company at a $460B valuation. Am I dumb or is Meta/Facebook grossly undervalued in comparison to TikTok?
I meant $39.37B Net Income*************
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Once they figure out expenses on Metaverse it'll rocket. Being discounted at the moment due to Zuck's obsession with technology that wont integrate into society at the moment. Maybe well look back and he will have been right.
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