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Facebook Takes $200 Million Investment At $10 Billion Valuation
- ivanstojic 17y ago7.4 billion: Sun Microsystems. Creators of SPARC, Solaris and Java. 10 billion: Facebook. Creators of an applet that lets you water plants. How the fsck does this happen?
- eugenejen 17y agoIt is a different market. One is public, another is private market. Another is about making something people want. There are less people uses Sparc, Solaris, Java than people wants a "platform" to write applet that let you water plants. (How many people has to use java, sparc, solaris? less than 10 million globally, How many people has to use facebook to check their friends? 100 millon+) The world is cruel. You can put your heart and soul in inventing some cool stuffs that worked behind tables and only few appreciate them. So if we wants to do cool stuffs, you have to forget claps from the audience.
- philwelch 17y agoIf you add together all the Solaris or Sparc servers and Java programs in the world, the direct and indirect users would probably dwarf Facebook's. And that's not even considering the value of each application--I use Facebook but it's not especially valuable to me, while a certain Java app in my bank's backend might be more valuable.
- deleted 17y ago[deleted]
- tybris 17y agoLets blow some bubbles.
- pj 17y agoomg, there are two of these articles with the exact same title on the front page right now.
- brianobush 17y agogive this some time and the valuation will come in line with reality. I say reality since there is not a lot of evidence that they can generate revenue from their model, and more so make a profit and generate free cash flow.