Facebook Is Worth More Than McDonald’s and 4 Other Giant Brands
“Facebook closed its first day of public trading valued at $105.19 billion, making it worth almost exactly as much as PepsiCo, which is valued at $106.5 billion.
At more than $100 billion, Facebook doesn’t quite make it into the leagues of Coca-Cola, worth $167 billion, or Wal-Mart, worth $212 billion. Nor does it yet compete with tech giants Google, worth $196 billion; Microsoft, worth $246 billion; or Apple, worth $496 billion.
However, being the largest Internet IPO in history does get you somewhere. We’ve rounded up five companies you probably perceive to be enormous, which are now worth less than 8-year-old Facebook.”
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