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Facebook valued at highest ever: $50 billion
- andrewt 16y agohmmm. 1999 2.0?
- bradhe 16y agoWhile I can't comment specifically on the accuracy of this valuation as I don't really know shit about that world (although, based on the numbers they present, it looks pretty accurate...I guess?), I can say that commonly people see Facebook's valuations and say "That's absurd!" I disagree with that -- I think it's pretty much in line. Facebook is fast approaching -- or might already be -- a huge player in the software world, as huge as Google or Microsoft; as in, they are slowly building a platform that you soon won't be able to live without. Right now they're just a social networking site...but their poised to take their business to a new level and become your actual online identity.
- ayb 16y agoNot sure I trust anything from these folks. They are the ones that said "an unnamed source" said Groupon sold to Google for $2.5B last week. http://news.ycombinator.com/item?id=1949584 http://news.ycombinator.com/item?id=1949584