Japanese Car Zone - View Single Post - Facebook a $10 billion company? Anyone use it?

450SEL6.9 · 09-25-2007, 10:31 AM

I read about Microsoft talking about a 5% investment in Facebook for between $300-500 million. At the top end, it values Facebook at $10 billion! Are we in 1999, 2000 tech bubble again? It is a three-year-old social networking site with an estimated $100 million in revenue. At the price I read about, the multiple is 100x revenue! Google's P/S is closer to 10x.

Facebook's founder talks about his company being worth $10 billion, but has he founded a believer in Microsoft? Is Mr. Softy desperate or have they lost their marble paying that much? I think they'll actually go through with this deal.

Does anyone use Facebook? I have it blocked on my computers.

09-25-2007, 10:31 AM	#1
450SEL6.9 Inactive Account Join Date: Oct 2005 Posts: 1,142 Thanks: 172 Thanked 108 Times in 95 Posts	Facebook a $10 billion company? Anyone use it? I read about Microsoft talking about a 5% investment in Facebook for between $300-500 million. At the top end, it values Facebook at $10 billion! Are we in 1999, 2000 tech bubble again? It is a three-year-old social networking site with an estimated $100 million in revenue. At the price I read about, the multiple is 100x revenue! Google's P/S is closer to 10x. Facebook's founder talks about his company being worth $10 billion, but has he founded a believer in Microsoft? Is Mr. Softy desperate or have they lost their marble paying that much? I think they'll actually go through with this deal. Does anyone use Facebook? I have it blocked on my computers.