The Age of Trillion Dollar Mega-Corporations.

On September 4th 2018 amazon briefly become the first public company in history to be worth 1 trillion dollars, It was only for a brief moment, of about half an hour and it did close the day out below the 13 figure mark but what it did do was pave the way for the modern giants of the corporate world.

So what is going on here, what gives these companies a valuation larger than most national GDP’s, why has this been such a recent development and what may the future hold for these new mega corporations.

#megacorps #economics #amazon

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References -

Evans, D.S. and Schmalensee, R., 2007. Catalyst code: the strategies behind the world's most dynamic companies. Harvard Business School Press.

Fernández, P., 2007. Company valuation methods. The most common errors in valuations. IESE Business School

Pinto, J.E., 2020. Equity asset valuation. John Wiley & Sons.

Linzmayer, O.W., 2004. Apple confidential 2.0: The definitive history of the world's most colorful company.

Goldfayn, A.L., 2012. Evangelist marketing: What apple, Amazon, and netflix understand about their customers (that your company probably doesn't)

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