I don’t know about you bros, but for me it’s hard to mentally grasp how much some of these Silicon Valley companies are worth until I put it into terms I can understand, like the Gross Domestic Product of an entire country. This isn’t always the case, because the GDP of the United States is nearly 18 trillion dollars, a number so large I can’t wrap my feeble mind around it. But other countries with GDPs in the billions I can grasp, which is why the latest valuation of Snapchat has me wondering just how in the fuck Snapchat can be worth more than the annual GDP of countries I visit for vacation. First up, let’s take a look at the latest valuation of Snapchat and then we can look at all the countries with a GDP less than Snapchat’s valuation.
Btw, you should be following BroBible on Snapchat if you’re not already because we can get away things on there that we can’t put here on the site.
via BusinessInsider.com:
Sources have told TechCrunch that Snapchat is expanding its Fidelity-led $175 million Series F round into a Series FP round, and it reportedly comes with a valuation around $20 billion.
VC data provider VCexperts have pegged Snapchat’s share price at $30.72 per share, and that the new round could propel Snapchat to a valuation “as high as $22.7 billion,” according to TechCrunch.
With the new valuation coming Snapchat could somehow be worth an astounding $22.7 BILLION. Estonia has a GDP of $22.704 billion, and they rank as the #103 country in the world in terms of GDP.
Here are all the countries with GDPs less than Snapchat’s impending valuation of $22.7 billion (these numbers are in millions, so 21,889 = $21.889 billion)…The number on the left is the country’s worldwide GDP rank and the number to the right of the country’s name is the GDP (in millions):
104 Zambia 21,889
105 Nepal 21,356
106 Honduras 20,295
107 Cyprus 19,330
108 Afghanistan 19,204
109 Cambodia 18,155
110 Iceland 16,718
111 Papua New Guinea 16,090
112 Bosnia and Herzegovina 15,794
113 Mozambique 14,965
114 Gabon 14,350
115 Zimbabwe 14,269
116 Georgia 14,007
117 Jamaica 13,924
118 Senegal 13,665
119 Mali 13,066
120 Botswana 12,860
121 Namibia 12,832
122 Laos 12,503
123 Nicaragua 12,222
124 Brunei 11,786
125 Mongolia 11,735
126 Mauritius 11,608
127 Albania 11,543
128 Burkina Faso 11,009
129 Chad 10,894
130 Armenia 10,571
131 Macedonia 9,922
132 Malta 9,801
133 Madagascar 9,737
134 Equatorial Guinea 9,403
135 Republic of Congo 8,878
136 Bahamas 8,705
137 Haiti 8,618
138 Benin 8,471
139 Rwanda 8,267
140 Tajikistan 7,816
141 Niger 7,151
142 Guinea 6,696
143 Kyrgyzstan 6,650
144 Malawi 6,416
145 Moldova 6,414
146 Kosovo 6,355
147 Suriname 5,192
148 Fiji 4,782
149 Mauritania 4,752
150 Eritrea 4,666
151 Barbados 4,412
152 Sierra Leone 4,167
153 Togo 4,165
154 Montenegro 4,039
155 Swaziland 4,028
156 Guyana 3,164
157 Maldives 3,130
158 Burundi 2,881
159 South Sudan 2,627
160 Timor-Leste 2,620
161 Bhutan 2,214
162 Liberia 2,035
163 Lesotho 2,032
164 Belize 1,763
165 Djibouti 1,727
166 Central African Republic 1,605
167 Cabo Verde 1,595
168 San Marino 1,566
169 St. Lucia 1,416
170 Seychelles 1,375
171 Antigua and Barbuda 1,287
172 Solomon Islands 1,147
173 Guinea-Bissau 1,057
174 Grenada 954
175 St. Kitts and Nevis 896
176 The Gambia 893
177 Samoa 838
178 Vanuatu 765
179 St. Vincent and the Grenadines 757
180 Comoros 589
181 Dominica 497
182 Tonga 414
183 São Tomé and Príncipe 318
184 Micronesia 318
185 Palau 287
186 Marshall Islands 183
187 Kiribati 162
188 Tuvalu 33
I went ahead and highlights many of the places that I know you bros vacation just to put this in perspective. A country like Nicaragua’s GDP is less than Snapchat’s valuation, that’s the world that we’re living in these days.
CLICK HERE TO FOLLOW BROBIBLE ON SNAPCHAT
(h/t BusinessInsider)