Even if Facebook has a 50% reduction in rev, they'd likely be breaking even, and... | Hacker News

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		cobookman on Dec 19, 2018 \| parent \| context \| favorite \| on: Tech Unicorns Are Going Public at Near-Record Pace Even if Facebook has a 50% reduction in rev, they'd likely be breaking even, and not touch their massive cash reserve. 2017 earnings: * 40B of Rev * 5.5B cost to rev * Gross profit of 35B * Operating Income of 20B https://www.nasdaq.com/symbol/fb/financials?query=income-sta...

grey-area on Dec 19, 2018 [–]

Thanks for the figures, maybe they are too big to fail at this point. I’ll be interested to see how they weather the coming downturn and multiple scandals.

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