> For starters, I think you will realise that most startups circa 2000/1 were nothing more than litteral "thin air" -- compare that to the likes of Facebook who

> For starters, I think you will realise that most startups circa 2000/1 were nothing more than litteral "thin air" -- compare that to the likes of Facebook who actually have revenues, hell, they even have a product. In 2000/2001 Yahoo! was one of the biggest websites on the planet. Its revenue doubled in 1999. Between 2000 and 2001 Yahoo stocks went from a high of $118.75 to $4.05 (though they obviously recovered to an extent and are still a cash cow today). Perhaps that could be a good comparison for FB? They also spent big on acquisitions in the late 90s just before the bubble burst.