4 ms·
Valuing 25:1 against yearly revenue seems a bit high. I mean, I'm sure it'll still ride a rocket the moment it goes public, but I think it'll peter out sooner t
by Tossrock 15y ago
Valuing 25:1 against yearly revenue seems a bit high. I mean, I'm sure it'll still ride a rocket the moment it goes public, but I think it'll peter out sooner than most long term investors would like.
- rdl 15y agoI'm not even that sold on social media in general, but I'm comfortable with Facebook as a company due to three main factors: 1) Great leadership (Mark obviously, but a lot of the other people around him, all the way down to Manager level, are great; the drop 1-2 levels to join FB thing seems to have paid off) 2) Attract great team (it seems to be the strongest recruiting organization for a company its size, and overall I'd say FB engineering hires are among the best) 3) Successful track record of innovating and turning even fairly mundane problems into technology showcases Even if this whole "social media" thing peters out in a few years, I think Facebook will continue to innovate and remain a dominant player in whatever comes next.