Carnegie Market Blog

 

Facebook is Now Bigger than the Largest Country on Earth

Posted by Brent Luce on Feb 12, 2016 3:36:54 PM

Facebook is Everywhere

Many people have a hard time believing that Facebook is now almost a $300 billion (by market capitalization) company.  I happened to be looking at the diagram below on Ford Motor Co., which shows their top ten quantified customers and suppliers.  Fully expecting to see companies like Lear, Johnson Controls, steelmakers and other obvious choices, I was surprised to see Facebook.  The fact that Facebook shows up as one of Ford Motor Company’s largest quantified vendors is a testament to what an incredible marketing engine Facebook is and that companies are willing to pay for that exposure.  MORE:  Facebook is Now Bigger than the Largest Country on Earth


This of course leads to the next question, which is “What does this diagram look like with Facebook in the middle?”—Interestingly, their largest customers are a “who’s who” of massive consumer-related companies:

 

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Topics: U.S. Dollar, Insider Buying, Market Bottom

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