In other words, they are now valued at $100 billion, but providing the most basi... | Hacker News

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		Bud on Feb 6, 2012 \| parent \| context \| favorite \| on: 3 years later, Facebook still can't delete photos ... In other words, they are now valued at $100 billion, but providing the most basic privacy functionality imaginable, after being given years to do so, is just too expensive?

VolatileVoid on Feb 6, 2012 [–]

value != revenue (Not justifying the status quo -- just pointing out that a valuation does not imply liquid capital)

shingen on Feb 6, 2012 | [–]

While that's definitely true, Facebook is of course not lacking in free capital to throw at this problem.

They had $4 billion in cash before the IPO. They'll have $9 billion after it.

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