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

Centurion · 09-25-2007, 10:52 AM

I use facebook. It's really one of the best communities out there. Very easy to find and stay in contact with friends from around the globe.

What is like about it is the simplicity. On the other hand I hate all those stupid small applications people are adding to their profiles. It clutters Facebook, and clutter is one of the main push factors of myspace which has users migrating to facebook every day.

The 10 billion figure is ridiculous and Facebook is over-valued like any fast raising internet company. Sure they make a little money by letting companies advertise in form of applications.

M$ are already big with hotmail, and google are enjoying their success with Gmail, blogspot and youtube. There's a horse race going on between the two companies but I have to admit that there's potential in Facebook. It's very hot and popular at the moment.

Microsoft has plenty of play money and a 5% investment in Facebook is reasonable. In case Facebook turns out to be an over hyped phenomenon ending up not becoming as big as analysts have anticipated, MS won't hurt by losing $500 million.

If it does blow up huge the 5% will come in handy when trying to prevent other companies like Google from buying a slice of the cake.

09-25-2007, 10:52 AM	#4
Centurion Jetsetter Join Date: Sep 2005 Location: Sweden Posts: 9,202 Thanks: 1,037 Thanked 1,507 Times in 805 Posts	Re: Facebook a $10 billion company? Anyone use it? I use facebook. It's really one of the best communities out there. Very easy to find and stay in contact with friends from around the globe. What is like about it is the simplicity. On the other hand I hate all those stupid small applications people are adding to their profiles. It clutters Facebook, and clutter is one of the main push factors of myspace which has users migrating to facebook every day. The 10 billion figure is ridiculous and Facebook is over-valued like any fast raising internet company. Sure they make a little money by letting companies advertise in form of applications. M$ are already big with hotmail, and google are enjoying their success with Gmail, blogspot and youtube. There's a horse race going on between the two companies but I have to admit that there's potential in Facebook. It's very hot and popular at the moment. Microsoft has plenty of play money and a 5% investment in Facebook is reasonable. In case Facebook turns out to be an over hyped phenomenon ending up not becoming as big as analysts have anticipated, MS won't hurt by losing $500 million. If it does blow up huge the 5% will come in handy when trying to prevent other companies like Google from buying a slice of the cake.