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RE: As of Today, I've Been Facebook's Product for Ten Years
You can easily become a shareholder of Facebook. And it's not too late. FB stock is still undervalued - just like STEEM. 😛
You can easily become a shareholder of Facebook. And it's not too late. FB stock is still undervalued - just like STEEM. 😛
Unfortunately, from my perspective, their incentives are misaligned because the owners and products are separate groups. We've seen it often where the owners end up killing the golden goose by not respecting what the users actually want. They push for monetization which ends up destroying the user experience.
Share Price: $142.28
P/E ratio: 40.96
Hmm...
What's P/E ratio? By the way, good post! Spot on.
P/E ratio is the price to earnings ratio that many investors look at when evaluating the value of a stock. It's a bit simplistic, especially for tech companies, but it can be kind of funny to see high ratios. Here's Facebook's: http://www.nasdaq.com/symbol/fb/pe-ratio