3min chapter

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Elon’s Taxes, Infrastructure Week at Last, and Friend of Pivot, Mark Mahaney

Pivot

CHAPTER

The Market Is Predicting Much Greater Risk for Facebook Than Google

The market is willing to pay 25 % less for facebook than r for gogle because the market fears that there's going to be some sort of event out there that's going to dramatically reduce the earnings growth outlet for facebook. I like uber and i think, here's a company that's never figured out a way to be profitable, has all sorts of headline risk, and yet you like it. Andh stock, id saw, is well off its hies but they're going to come out of coveige stronger.

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