TheDeadlySquid t1_izzpjem wrote
Reply to comment by QuestionableAI in Meta ends $200-a-month Lyft rides perk for its 76,000 employees as cost-cutting continues by Familiar-Turtle
This is just the beginning of the end. Worked in dot com during the first wave. It’s all part of the natural cycle.
cheapcheap1 t1_j00ego6 wrote
Today's tech companies have trillions in profits. Meta's P/E is at 11:
https://www.macrotrends.net/stocks/charts/META/meta-platforms/pe-ratio
I don't get why you would want to compare that to dotcom companies, most of which had a P/E of infinity. Feels very feels > reals to me.
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