6min chapter

This Week in Startups cover image

Meta's precarious situation, $AMZN earnings breakdown, James Gunn to run DC + OK Boomer | E1598

This Week in Startups

CHAPTER

How Much Market Cap Has Evaporated?

Facebook stock has been down 25% after its earnings report. The company's market cap is 264 billion, 76% off its high of 1 trillion in 2021. We've never seen anything like this in the tech industry,. Lan Harris: I don't think Facebook's going to be the company that wins it.

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