Facebook Now Valued at $85 Billion

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Facebook IS the internet... Saying it will go away "because myspace did" is like saying cellphones will go away because pagers did. There is a HUGE difference...
 

mikem_90

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[citation][nom]eklipz330[/nom]why is everyone saying this? what makes you so positive that facebook is going to go the way of myspace?it has gained more traction that any other social network in existence. it has the attention of every company everywhere. companies advertise and market on facebook, and use it to connect to many many people. it's not going anywhere, i'm sorry if that fact breaks your heart.twitter, on the other hand, might.[/citation]

There are many signs that the "People with the Money" are hoping to make another giant killing by titanicing Facebook. Evidence of that "exclusive" deal from before is right there. not be able to sell for 2 years? wow. Sorry, everyone else with stock sold theirs and made a few billion! you? you're stuck with $423.91 worth of shares from your initial $100k investment.

Never mind Facebook's privacy issues, the signs are right there that Facebook can't make billions in revenue off selling people's info. Eventually when enough people are poised to reap in a big tidy profit, they'll pull the plug. Your pre-established stock sale triggers will happen and sell it at a net loss (depending how you set your trades).

And in the end, the real scummy people will buy up your personal info from what is left of the company.
 

Kryan

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[citation][nom]cadder[/nom]How does this work?$85 billion divided by 643 million members means $132 per member. How could the stockholders get $132 of value for each member?[/citation]
you obviously don't understand how things like this work.

A friend of mine sold his business cellphone number for $4k. How did this happen? well, he was retiring and wanted to sell his customers as it were, so that when people want a new electric fence, they call the number they know, and, well it isn't the same guy on the other end, but the deal will still happen. See? his cellphone number was worth 4000 dollars. it has nothing to do with how many contacts he had. that help y'all understand it a bit more?
 

th_at

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[citation][nom]Kryan[/nom]See? his cellphone number was worth 4000 dollars. it has nothing to do with how many contacts he had. that help y'all understand it a bit more?[/citation]

And to help you understand it a bit more:

Your friend's cellphone number was worth 4000 dollars, because the person buying it expected to eventually make more than that with the customers calling the established number.

Now you can bet your a$$ that sooner or later, the people pricing Facebook at $80m want to see the money too. Of course, nobody expects it to make that much. It's just talked up, so that when it will eventually go public, the stock price is going to be artificially high and that's when all the investment folks who put money into it thus far, can sell their stocks.

Facebook is definitely worth something, but 80m is just clown shoes. That's 75% of Intel's market cap but they only generate 2% of the revenue. Nobody even knows how much net income Facebook produces, or if it does at all.

Bubble bursting in 3... 2... 1...

People learning their lesson in ... never.
 

aftcomet

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[citation][nom]Kryan[/nom]you obviously don't understand how things like this work.A friend of mine sold his business cellphone number for $4k. How did this happen? well, he was retiring and wanted to sell his customers as it were, so that when people want a new electric fence, they call the number they know, and, well it isn't the same guy on the other end, but the deal will still happen. See? his cellphone number was worth 4000 dollars. it has nothing to do with how many contacts he had. that help y'all understand it a bit more?[/citation]

I call BS. A Cell Phone Number is nobody's property but the phone company's.
 
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