Facebook worths $10+ billion?

JMartinez · Sep 25, 2007

It's worth at least $50 Billion!!!!

LOL!!!!!!!!!

So 2005, move on to the next next big thing.

Tums · Sep 25, 2007

Quote from TorontoTrader2:

Facebook's value is unlimited, more so to a national security entity (think: CIA, Mi6, Mossad).

All in one, you have from almost every person on there:

IPs
name
address
workplace(s)
school(s)
email address(es)
sexual preferences
political views
friends (aka collaborators, if it comes to it..gulp)
interests
groups
places travelled/countries visited
credit card info (if you send a gift)
pictures
phone #
ads clicked on

Did I miss anything?

Edit: you do realize that the "Patriot" Act means that this info can and will be used against you without a warrant?

also information about what have you been doing -- people update their status daily, sometimes 2~3 times a day.

This FB thing will be 100x more powerful than GOOG.

palenimbus · Sep 25, 2007

Quote from FXTraderWill:

People use facebook because it's just better than myspace. It doesn't have spam and is more modern, elegant, and overall easy to use. It makes it easier to stay in contact with people you wouldn't otherwise - if you meet some chick at a party and have good vibes but for some reason or another you get separated and you don't get to see her again, just friend her on facebook and you'll be in her pussy within 24 hours. For facebook to lose its "edge", someone else would have to make something better - but simple is better, and that's something Facebooks knows, just like Google. I'm not saying Facebook is worth $10,000,000,000 - I have no idea as to the company's true value, but I believe they will spend all their resources into keeping facebook customers because it's too lucrative of an enterprise to let slip away. It's free, and it's not cluttered with ads, and trying to be a recluse and using a different social networking site won't work. People switched because society wasn't familiar with social networking 2 or 3 years ago - lots of sites (Friendster anyone?) died down, but the industry has consolidated. And social networking is a big industry, that trend will continue. So don't dismiss facebobok as another fad without understanding the cultural impacts and their likeliness to last, and the reasons why other social networking sites were indeed a "fad" when facebook wasn't.

Great post, will. Same idea applies to apple in my view.

stock_trad3r · Sep 25, 2007

I can hardly wait for the IPO (assuming it happpens)

I will have a huge order ready or wait till the preorder

Anyway this will be the best investment possibly in the 21st century.

Facebook's growth and potential is unlimited as society approaches type 1 technological singularity. The possibilities are endless.

a529612 · Sep 25, 2007

Quote from TorontoTrader2:

Facebook's value is unlimited, more so to a national security entity (think: CIA, Mi6, Mossad).

All in one, you have from almost every person on there:

IPs
name
address
workplace(s)
school(s)
email address(es)
sexual preferences
political views
friends (aka collaborators, if it comes to it..gulp)
interests
groups
places travelled/countries visited
credit card info (if you send a gift)
pictures
phone #
ads clicked on

Did I miss anything?

Edit: you do realize that the "Patriot" Act means that this info can and will be used against you without a warrant?

Net worth? Bank account balance?

stock_trad3r · Sep 25, 2007

personal info can be sold but the value in facebook lies in audience numbers and growth

stock_trad3r · Sep 28, 2007

now worth an additional 100 million

cszulc · Sep 28, 2007

Quote from stock_trad3r:

if facebook does Ipo It will surge 300-500% in fist day trading and keep going higher from there.

it will end year up 1300%

and have a 10000+ pe ratio

This will be huge

And then comes to newest Tech Bubble again, with Facebook and all the other web too-much-hyped crap declining 80% in one day. How is Facebook a sustainable business model? People will always find something else to socially network on. There is always something new and better coming out.

S2007S · Sep 28, 2007

Quote from cszulc:

And then comes to newest Tech Bubble again, with Facebook and all the other web too-much-hyped crap declining 80% in one day. How is Facebook a sustainable business model? People will always find something else to socially network on. There is always something new and better coming out.

Facebook is not a sustainable business model, its been hype since day one. Its a social networking site like all the rest of them. Why anyone would invest in this company or any other social networking site is beyond me. It doesnt take much money to build one and get attention to it. MSFT is better off buying YHOO than making any pathetic investment in facebook. Im sure as quick as it came it will fade.

Has anyone heard of Friendster?? It was one of the first social networking sites about 4 or 5 years ago? Not many people have heard of it, it came and went, just like the top 3 social networking sites will come and go.

MSFT should NOT make the investment in Facebook, its already overvalued at what people previously thought it was worth, $1 billion.

The Journal reports that private Facebook this year expects to make $30 million profit on $150 million in revenues.

S2007S · Sep 28, 2007

WEB 2.0 HYPE is all it is. Just like the internet bubble of the last 1990's expect a bubble in WEB 2.0 to go pop.