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Originally Posted by monster  Holly crap, there is no way Facebook is worth $10 billion. I signed up for it 2 weeks ago cause all my friends upload their photos in there, and I can't view it unless i sign up. There are just so much random stuff going on in there with mini programs and stuff like "rasing a pet", "poke a friend" "turn into a vampire"... etc useless confusing stuff. I don't like to use it at all. I guess there are a lot of people out there with not a lot of things to do, that is why it is so popular. |
Monster, who actually uses the site? It generates huge traffic, but are the main users still teenagers and college kids who don't have that much money?
I think Microsoft is desperate enough to catch up with Google to value FB at $10 billion. If they do, I'm selling my Microsoft shares. If they are willing to value a networking site at $10b, then I think they'd lose my confidence as an investor. Besides, my investment has been dead money anyway.