Omnicom: $15B revenue annually, $17B market cap
WPP: $18B revenue, $23B market cap
Google: $110B revenue, $750B market cap
Seems like a good argument that being tech-forward provides a multiplier on value versus doing the same old thing, if you believe that these are all just advertising companies.
Yes because all those apps exist... to funnel people towards Google's extensive advertising network, so the money shows up as adbiz revenue instead of with products.
Seems like a good argument that being tech-forward provides a multiplier on value versus doing the same old thing, if you believe that these are all just advertising companies.