Is Facebook Worth More Than Let’s Say… an Entire Country’s GDP?
I want to talk about the Facebook IPO, just not who’s buying it (or not buying it). I can’t buy in (not that I want to), you probably can’t buy in (not that you want to), so let’s cover something way more interesting than stocks and something that we can actually relate to.
Here are 10 giant things worth less than Facebook:
- The economy of Qatar, which is worth about $98 billion
- 6.3 months of US fast food sales. I’m not even going to share this number because it’s disgusting, but props to the US for keeping our McDonald’s habit under $100 billion
- At $40 billion a pop, you can throw 2.5 Olympic games for $100 billion
- 6 months worth of breast cancer treatment for US patients, comparably a very small number at $16.5 billion
- 120 Eiffel Towers, which would cost about $99.6 billion
- All the money, $74.2 billion, Brazil made off tourists in 2011
- The world’s entire coffee industry, estimated at $100 billion
- The entire cleanup of Hurricane Katrina, which rang in at $81 billion
- The Gulf War cost the US $96 billion
- At $2 billion each, you could have 50 US Navy submarines
Ok, I lied.I can’t actually relate to any of these, except for the fact I’ve been to the Eiffel Tower once. So, if you know of anything that used to be giant (aka expensive) before Facebook came along and dwarfed everything epic, please share.
Ok, I’m a double liar. I also drink coffee and captain a submarine.
image source: fitsanity.com