Wanna know why tech companies get such high valuations?
Look at the operating margin and net income increase in just 1 year: https://twitter.com/mbesto/status/793921076820459520
That makes investors absolutely drool.
Look at the operating margin and net income increase in just 1 year: https://twitter.com/mbesto/status/793921076820459520
That makes investors absolutely drool.
Your phrasing suggests that you compare Facebook (now) with lottery as a system. You should rather see Facebook as a lottery ticket that turned out to be the jackpot.
You can't go up to the lottery winner and offer to buy part of their winning ticket. You can buy shares of Facebook today (in fact, at a nice discount currently).