Rage Against The Routine

Facebook Worth More Than Coca-Cola

October 25th, 2007 · No Comments

Microsoft bought a 1.6% stake in Facebook for $240 million, pegging Facebook’s worth at $15 billion. Coca-Cola has a market cap of $14.7 billion, so Facebook is worth more than Coca-Cola.

This is pretty good evidence that we are in another tech bubble right now.. but then Microsoft’s actions have lately lacked a whole lot of sense, so maybe this isn’t representative.

It’s a pretty simple decision to decide which one I’d rather own, Facebook or Coca-Cola. In 20 years, Coca-Cola will certainly still be a multi-billion dollar company. Facebook? Who knows?

Tags: Tech · Stupid

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