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At $100b valuation it's worth 50% what Google is. This seems ludicrous, Google is far more diverse and actually has a working ad revenue model! I'd rather hav
by TomGullen 14y ago
At $100b valuation it's worth 50% what Google is. This seems ludicrous, Google is far more diverse and actually has a working ad revenue model!
I'd rather have 1 Google share than 2 Facebook shares for sure.
- iends 14y agoOf course you would: GOOG: $623.05 FB: $38
- vladd 14y agoHe may have actually meant share in the sense of percentage: I'd rather have 1% of Google than 2% of Facebook. 1 Google: 203.13 billions (market cap in http://www.google.com/finance?q=GOOG http://www.google.com/finance?q=GOOG ) 2 Facebooks: 2 * 104 billions = 208 billions
- TomGullen 14y agoYes that's what I meant :)
- waterlesscloud 14y agoGoogle isn't more diverse. Of Google's $37.9 billion in revenue for 2001, $36.5 billion of that came from advertising. Fancy self-driving cars aside, Google is wholly dependent on the success of its ad targeting mechanism. Beat them out for that (and Facebook could potentially do so), and they're done for.
- vladd 14y ago> Beat them out for that (and Facebook could potentially do so) Google searches have purchasing intent, see http://cdixon.org/2012/05/15/facebooks-business-model/ http://cdixon.org/2012/05/15/facebooks-business-model/ .
- waterlesscloud 14y agoAnd a year or two from now Facebook sends out a message to it's (then) 1.2 billion users, "Welcome to Facebook Marketplace, where you can find whatever you need, ask your friends for advice, and even make your purchase with Facebook Credits." Then Facebook has intent to buy wrapped up. The landscape of tomorrow is not the landscape of today.