Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook’s value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years. — Didier Sornette
Tags: #Growth, #Value, #Present, #DidierSornette, #French, #Scientist
Mini who’s who:
Didier Sornette : French Scientist
Born: June 25, 1957