3 ms·
> Since Facebook's valuation is now a nice round $15 billion After Beacon fiasco, do you still think that? That $15B is based on a relatively small MS investme
by nickb 19y ago
> Since Facebook's valuation is now a nice round $15 billion
After Beacon fiasco, do you still think that? That $15B is based on a relatively small MS investment (which is basically a pre-payment for their advertising deal) and FB is still not making any real money. For them to have a $15B valuation, they should have at least $1B in revenues (to justify 15x valuation) as a private company. Based on their financing strategy, they don't make anywhere close to that.
- Xichekolas 19y agoI never said I personally thought it was worth anywhere near that. Of course the valuation of a private company is completely speculative... and of course the Microsoft investment was just a stunt to produce a really high number. I was just saying to the person that commented about no startup founder making the list that if we counted paper-make-believe-valley-money... there wouldn't be anyone on there BUT founders. What is Facebook going to do, start charging users? become the next MySpace? If they have accomplished anything, it is making the net cast off the idea of anonymity. Now you can't even have a drink with your friends without your Mom/Boss/Professors seeing it online. A sad world really.