Valued at 13 times *sales*? Wow, it's the dot-com bubble all over again!looks like they're gonna hit half-a-billion in revenue this year
Andreessen: Facebook revenue to top $500 million in '09 | The Social - CNET News
Valued at 13 times *sales*? Wow, it's the dot-com bubble all over again!
A Russian Internet company is offering to buy 100 million dollars worth of stock from Facebook employees in a deal which values the fast-growing social network at 6.5 billion dollars. The Russian company, Digital Sky Technologies (DST), which invested 200 million dollars in Facebook in May, is offering 14.77 dollars per share of Facebook common stock. ... According to the technology blog BoomTown, current and former employees of Facebook will be allowed to sell up to 20 percent of their common shares.
Valued at 13 times *sales*? Wow, it's the dot-com bubble all over again!
This was something 61% of people that use it said they could not do without it...
I have no idea if they will ever monetize facebook successfully, but it certainly seems like a nice user-friendly service right now. If they crap it up with a bunch of ads and marketing, then I'm sure it will lose steam and users.
If they just take a few cents per user from in-game transactions, that alone could double that revenue money without a single ad. It's kinda crazy out there.
totally believe it - Facebook is pervasive...