Facebook made $150m but is worth $15b?

Quote from amylase:

facebook should not be worth more than a million

Holy Jesus Christ. I'm going to assume this is a joke because it's impossible to believe that any trader could be this out to lunch.
 
Facebook is worth between $30-45 billion, which is reasonable given its huge growth and marketshre and traffic. Facebook can be treated as a full fledged media company like Fox, CNN, CBS, Yahoo, or MSNBC.
 
Quote from stock_trad3r:

Facebook is worth between $30-45 billion, which is reasonable given its huge growth and marketshre and traffic. Facebook can be treated as a full fledged media company like Fox, CNN, CBS, Yahoo, or MSNBC.
That's ridiculous.
You can't put blue-chip value on a website with no revenue and a mercurial user base.
 
Quote from Thermactor:

That's ridiculous.
You can't put blue-chip value on a website with no revenue and a mercurial user base.

I just did...


50+ million and growing users is nothing to sneeze at.
 
having users and making money are two separate things. social networking has a long way to go before it shows its true value. right now facebook is far away from that point and needs new vision to reach its potential.

hardly worth anywhere near those big names mentioned
 
The website has more than 69 million active users worldwide. It's a monster.

Consider also that the data they hold is an advertisers dream - they can directly target you based on your interests and details listed in your profile.
 
Quote from DannyBly1:

The website has more than 69 million active users worldwide. It's a monster.

Consider also that the data they hold is an advertisers dream - they can directly target you based on your interests and details listed in your profile.

I agree. The potential is staggering. it is easily worth moe than 15 billion.
 
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