Facebook is set to go public today at a $100 billion dollar valuation. For context, General Electric is worth about $199 billion.
GE was founded by Thomas Edison in 1890, has more than 300,000 employees and is a market leader in appliances, aviation, consumer electronics, electrical distribution, energy, finance, healthcare, lighting, oil & gas, rail, software & services and water treatment.
Facebook was founded in 2003, has about 4,000 employees and is a market leader in, well, display advertisting.
It's official. The world has changed.