[quote=patb]
perhaps but you seem to be discounting the click fraud scandal.
if it’s real, FB revenue number collapses, given they spend 75% of their revenue, they will have to either slash salary or spending. I don’t see them buying ads, so it’s got to be internl spending.[/quote]
Yeah, if that expands, they have some trouble. But their net tangible value is almost $15 billion, with more than $10 billion of that cash and eqivilents. They have the capacity to start over, and rebuild revenue, even if it takes a couple years to get back to where they are now, without slashing anything
