Facebook a $10 billion company? Anyone use it? - Page 2

monster · 09-25-2007, 11:45 AM

Quote:

Originally Posted by 450SEL6.9

The problem is there needs to be flow-through from these ads. The companies paying top dollar for these ads have to see a benefit. I think that is contingent on whether these FB users actually have money to spend. Some skeptics think they don't have much.

There might be sufficient flow through effect from these ads. There are millions of user around and it is highly likely that 10% of them will bother to spend money on FB, that will be enough I guess to generate a healthy profit. For me, I just go in, look at the photos and that is it, not going to waste my time looking through all the other random stuff.

Quote:

Originally Posted by 450SEL6.9

So from the article, at a $5b FB valuation, myspace would be worth $12b. At $10b for FB, myspace is worth $24 billion. Myspace's parent company, News Corp, only has assets worth $62 billion as of 2007. According to these crazy valuations, their myspace unit (which cost $580m in 2005) could account for 40% of the world's largest media empire's assets. If FB gets to a $10b valuation (and it probably will), we're looking at 2000 internet stock bubble all over again. With the mortgage mess in America, the last thing it needs is another bubble.

Who ever did the valuations must be on drugs. I mean how the hell can FB be valued at $5b, and myspace worth around $12b. It shows you, people never learn.

monster · 09-25-2007, 11:52 AM

Quote:

Originally Posted by cawimmer430

I'm on it. If anyone wants to add me, look for Christian Wimmer (Richmond, UK).

Will do, why UK though? (I am the guy holding a table leg in the photo)

cawimmer430 · 09-25-2007, 11:54 AM

Quote:

Originally Posted by monster

Will do, why UK though? (I am the guy holding a table leg in the photo)

That's where I studied.

PS: We are now Facebook friends!

450SEL6.9 · 09-25-2007, 11:57 AM

Quote:

Originally Posted by monster

Who ever did the valuations must be on drugs. I mean how the hell can FB be valued at $5b, and myspace worth around $12b. It shows you, people never learn.

Actually, I think it will emerge that FB will be valued at $15-20 billion when all is said and done. It's true people never learn. If the valuations experts are on drugs, then the companies willing to pay these prices must be perpetually high because they seem absolutely insane to me.

I keep reading about companies not caring about acquisition prices, revenues and profits! I think to myself I don't understand business anymore. I should retire and go become a monk.

Christian, you have to log in before you can view any FB pages, right? I think with myspace and friendster anyone could search for a specific page and view them without creating an actual account.

monster · 09-25-2007, 12:04 PM

This is going a bit OT but anyway you have a lot of stuff going on in your profile, it will take me a while to go through it.

cawimmer430 · 09-25-2007, 12:05 PM

Quote:

Originally Posted by 450SEL6.9

Christian, you have to log in before you can view any FB pages, right? I think with myspace and friendster anyone could search for a specific page and view them without creating an actual account.

First of all you need an account. Second, you can only view people's profiles if you're either in their network, you send them a message and they reply or they have lax privacy settings. Most people prevent you from looking at their profiles through various privacy settings.

cawimmer430 · 09-25-2007, 12:06 PM

Quote:

Originally Posted by monster

This is going a bit OT but anyway you have a lot of stuff going on in your profile, it will take me a while to go through it.

I don't even remember what albums I have on up there.

Zonda · 09-25-2007, 12:08 PM

Most useless site ever, never understood the fun. I have a membership however...

monster · 09-25-2007, 12:08 PM

Quote:

Originally Posted by 450SEL6.9

Christian, you have to log in before you can view any FB pages, right? I think with myspace and friendster anyone could search for a specific page and view them without creating an actual account.

You have to create an actual account to view any FB pages, that is how FB got so many users. I wasn't into FB but my friends got me into it so I can see their photos.

cawimmer430 · 09-25-2007, 12:10 PM

Quote:

Originally Posted by Zonda

Most useless site ever, never understood the fun. I have a membership however...

09-25-2007, 12:04 PM	#15
monster Fanatic Join Date: Oct 2005 Location: Sydney Posts: 2,084 Thanks: 808 Thanked 928 Times in 486 Posts	Re: Facebook a $10 billion company? Anyone use it? This is going a bit OT but anyway you have a lot of stuff going on in your profile, it will take me a while to go through it.

09-25-2007, 12:08 PM	#18
Zonda Aficionado Join Date: Dec 2005 Location: La Svezia! Posts: 4,707 Thanks: 831 Thanked 809 Times in 461 Posts	Re: Facebook a $10 billion company? Anyone use it? Most useless site ever, never understood the fun. I have a membership however...

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