Facebook Buys 57 Acre Property, Begins Hiring

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Kudos to the sales team who made that happen. They'll be able to get the property back for 1/2 the price after Facebook goes the way of AOL, Napster, Friendster, Myspace, etc. etc.
 
It's amazing to me how a company that hosts a Free website makes enough money to employ over 2,000 people. Obviously they're generating money and profits through programs on and in the Facebook site (marketing, etc). But it's still amusing.
 
You realize 10% of the global population has a face book, now let's strike that down to the more developed world with access to PC's and the net, and we are talking probably 30-50% of the population has a face book account. This is simply scary.
 
The amazing thing is that Facebook is not going public any time soon, which tells us all that the management knows it is a fad. They are worried about people shorting the stock because the savvy investors know that Facebook is just a fad and so does the management. The gap between Facebook going public and today is the confirmation of the theory.
 
Please include a full geographic location (city and state) for your intro. There are other Menlo Parks in the US, most notably Menlo Park, NJ. It's helpful if the reader is not required to figure out which state you're talking about. Thanks.
 
Who are you people? You realize the GS investment just gave Facebook a $50 billion valuation, right? Facebook is life online for many people in their 20's and last I checked Google makes the majority of their $ off of advertising. As soon as Facebook gets their ad strategy completely in line they'll be minting money.
 
[citation][nom]tsnorquist[/nom]Kudos to the sales team who made that happen. They'll be able to get the property back for 1/2 the price after Facebook goes the way of AOL, Napster, Friendster, Myspace, etc. etc.[/citation]

O RLY? I think you're the 1% of the users on here that are really DUMB.
 
New Headline " US Government acquires Facebook through new Law Giving it untold amounts of information on People at home and abroad all in one very handy Database and 57 Acre Facility."
 
[citation][nom]mikies[/nom]The amazing thing is that Facebook is not going public any time soon, which tells us all that the management knows it is a fad. They are worried about people shorting the stock because the savvy investors know that Facebook is just a fad and so does the management. The gap between Facebook going public and today is the confirmation of the theory.[/citation]
I completely disagree. Right now Zuckerburg & Co don't really have that much money, their entire wealth is basically in the value of Facebook. If Facebook were to die in the next year, they would get next to nothing. If they were to go public they'd make many billions of dollars regardless of the long term prospects of their company. Like someone else said, FB was valuated at $50 billion by one source.
 
I agree with tsnorquist. Facebook is just the craze of the moment. Just 2 years ago it was myspace that ruled the social networking world and facebook was the young upstart. Look at Myspace now! They actually have a facebook login button their homepage! That is how fast things change in the online world.
 
[citation][nom]Abdussamad[/nom]I agree with tsnorquist. Facebook is just the craze of the moment. Just 2 years ago it was myspace that ruled the social networking world and facebook was the young upstart. Look at Myspace now! They actually have a facebook login button their homepage! That is how fast things change in the online world.[/citation]

+10 Internets
 
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