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arcturus17 | karma 3590 | avg karma 3.43
2022-11-24 13:13:14
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I understand approximating present value by discounting cash flows but not how you would come to the conclusion that the eCommerce business is valued at zero because the sum of AWS and ads make the total of the market cap.
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spoonjim | karma 4772 | avg karma 2.01
2022-11-24 21:43:25
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You don’t, that is an inaccurate conclusion because the ads business would not exist without the e-commerce business.
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