Facebook's worth

[Perrine]

I don't think facebook is worth $50 billion.

Heck I even think that there will be dot-com bubble 2.0 and facebook will be one of the casualties . 

[Delirium]

Facebook is eating the other social sites alive, it will be a matter of time before it becomes another Google.

[ROX]

There was already an internet bubble that burst...it was called the late 90's.  You must have missed it.

FB is no where near worth that.  It was valued at $55M as a website as of last year.

[68ZooM]

Forbes has him listed as 1.5 billion net worth, amazing how one becomes rich off of starting a social website

[Delirium]

amazing how one becomes rich off of starting a social website

Skuzzy should of left this forum alone moderation wise, he could of made a bundle! 

(it is a joke, Skuzzy, please put the ban hammer down)

[JunkyII]

Facebook is an awesome thing....one of the easiest ways for someone to see what family and friends are doing when your far from them.

[Blooz]

I don't think facebook is worth $50 billion.
Heck I even think that there will be dot-com bubble 2.0 and facebook will be one of the casualties . 

As long as there's people and those people buy things and services, there'll be a need for places to advertise.

Facebook = $$$$$$$$$$$$$$$

[Dichotomy]

[danny76]

Facebook schmacebook

[Perrine]

Facebook = $$$$$$$$$$$$$$$

Word on the street is that Facebook won't - after all, it doesn't really have concrete advertising revenue like Google, and
you can buy FB shares, but don't hold it for too long; dump it at the first sign of trouble.

another word on the street is that FB is employing Goldman Sachs to get around a 1000-member rule which states that corporations with 1000 shareholders must release all financial info.  GS just bought a chunk of shares from fB and resold them, all you see is a major investor in GS.

[druski85]

It is a limit of 500 shareholders, Perrine.  Yes, there is considerable speculation that they are repackaging the deals through GS in order to skirt the issue. 

In terms of value, $50 billion is much too high, but I would put it higher than the $1.5 billion stated in Forbes last year.  Myspace is laying off half of their workforce, and other serious (western) competitors are not posing much of a threat at this point.  It's certainly a story to follow, especially if Zuckerberg decides he's had enough and considers an IPO. 

[Spikes]

Social Network is a good movie, too.

[zack1234]

Facebook lol

Guy at a work opened a account under the name "Leroy Brown"

[Blooz]

Facebook lol

Guy at a work opened a account under the name "Leroy Brown"

Was he "bad" and live on the south side of Chicago?


Bad, Bad, Leroy Brown - Jim Croce
http://www.youtube.com/watch?v=qRkoqBSt3mg

[321BAR]

Facebook lol

Guy at a work opened a account under the name "Leroy Brown"

someone in my old high school opened an account under The Great Bambino