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MySpace is probably only worth about $500 million. It generated about $500 million in revenue for 2009, but operated at a lost. On the other hand, Facebook rev
by kqr2 16y ago
MySpace is probably only worth about $500 million. It generated about $500 million in revenue for 2009, but operated at a lost.
On the other hand, Facebook revenue is around $1-2 billion but valued now at around $50 billion.
In other words, Facebook commands a huge premium, largely based on its expectation for growth and future revenue.
http://www.businessinsider.com/henry-blodget-myspace-worth-zero-2010-2 http://www.businessinsider.com/henry-blodget-myspace-worth-z...
http://mashable.com/2010/12/16/facebook-2-billion-revenue/ http://mashable.com/2010/12/16/facebook-2-billion-revenue/