Facebook now valued at... $70.65 billion - GoFuckYourself.com

wtfent · 01-14-2011, 10:09 PM

This is just getting a little too crazy, if Mark Z. adds $5 billion more to his wealth he will be the 5th richest man in the world. That just doesnt sound right to me, id take my money and run.

wtfent · 01-14-2011, 10:10 PM

Here is the link... can we say bubble?

http://techcrunch.com/2011/01/14/fac...ion-valuation/

Spunky · 01-14-2011, 10:16 PM

That is fuckin insane,dam

PornMD · 01-14-2011, 10:49 PM

It's worth about 70.65 billion flooz.

jimmy-3-way · 01-14-2011, 11:01 PM

Quote:

Originally Posted by wtfent

That just doesnt sound right to me, id take my money and run.

And THAT is why you will never make it big time.

PornMD · 01-14-2011, 11:05 PM

Quote:

Originally Posted by jimmy-3-way

And THAT is why you will never make it big time.

The MySpace guys wouldn't agree with you, and they never have to work another day in their lives.

webair · 01-14-2011, 11:22 PM

People have been buying shares for $40 to $80 per share for over a year now privately...Welcome to the BIGGER bubble =)

2intense · 01-15-2011, 12:18 AM

never use this shit,anyway

Mock NyaMout · 01-15-2011, 01:06 AM

maxxtro · 01-15-2011, 01:10 AM

Quote:

Originally Posted by wtfent

can we say bubble?

I think so, yes. And it will burst any day now.

djroof · 01-15-2011, 01:35 AM

yeah big bubbleee

Nathan · 01-15-2011, 01:38 AM

SecondMarket is hardly a trading platform for those shares. They are sold auction style. They are selling them in chunks of 25000 or more at one time. They set a minimum price each auction. And the eval is based on the company having 2.5 billion shares. SecondMarket only sold 2.7 million shares though!

This also means the company would need to make a profit of over 3 billion USD (profit!) per year in order to land anywhere close to a standard mainstream big-company evaluation of 20 or so years.

And you tell me, should a social network be valued at 20+ years?! As if nothing new will come up in that time in such a closed section of the net.

Mike Honcho · 01-15-2011, 02:52 AM

IMO, if I was in his position and someone offered me $40-50 Billion+ I'd have no problem selling and living my life next to Warren and Bill

Mike Honcho · 01-15-2011, 03:25 AM

Then again, I believe Facebook is a sister company to the parent (cia)

NinjaSteve · 01-15-2011, 04:03 AM

Talk about over estimating the value.

Chosen · 01-15-2011, 04:07 AM

For some reason I don't give a fuck

Machete_ · 01-15-2011, 04:30 AM

It's really hard to get a solid valuation for a company like facebook.

I mean, maybe they take over all internet communication, and they're super valuable.

Or maybe another site or business model will crush them, like how myspace got crushed by facebook. I ain't touching this one.

P.S.

Bono owns about 1.5% of Facebook.
I hope it goes down the pan.

georgeyw · 01-15-2011, 04:36 AM

He should just sell and enjoy his life of leisure.

cooldude7 · 01-15-2011, 05:26 AM

Quote:

Originally Posted by georgeyw

He should just sell and enjoy his life of leisure.

totally or start new project assbook may be .

Paul Markham · 01-15-2011, 05:47 AM

Anyone who values an Internet company on future earnings is running a risk.

The business is too fickle.

ottopottomouse · 01-15-2011, 05:48 AM

Quote:

Originally Posted by Machete_

Bono owns about 1.5% of Facebook.
I hope it goes down the pan.

Klen · 01-15-2011, 06:04 AM

I remember thread where gfyers was calling zuckenberg idiot because he didnt sold FB for one billion to yahoo.

Nathan · 01-15-2011, 08:39 AM

Just because its valued 70 billion does not mean he can SELL it for 70 billion!

Far from it actually... In a firesale, this thing is worth MUCH MUCH less...

woj · 01-15-2011, 09:00 AM

Not many internet/tech companies survive for long... and there is really nothing breakthrough about facebook, it's not much more than a fancy script and bunch of people using it... valuing it at 50x+ revenue is ridiculous...

kenny · 01-15-2011, 11:24 AM

Quote:

Originally Posted by Nathan

Just because its valued 70 billion does not mean he can SELL it for 70 billion!

Far from it actually... In a firesale, this thing is worth MUCH MUCH less...

Leave it to Goldman Sachs to put a deal like this together

TheDoc · 01-15-2011, 11:26 AM

Facebook is a media company, that has social aspects... which is why it's worth $70b+

With 30+ billion shared movies, games, stories, websites, etc MONTHLY, and 10k+ new websites integrate into Facebook DAILY and overall 500 million users with half accessing the service daily. And they are able to make a profit on that world wide traffic, this early in the game...

We're talking Googles Competition here... online market wise, nobody else compares to the global reach of these two giants. Google is worth a heck of a lot more because it does a heck of a lot more - but that just shows the power of being able to reach more people.

It would take Facebook to basically quit to stop them from growing even more.

kenny · 01-15-2011, 11:51 AM

500 million users is already a heavy % of the world population

SomeCreep · 01-15-2011, 02:04 PM

Social networking IPO's may be a bubble, but as for social networking itself, I think it's here to stay.

Shap · 01-15-2011, 02:13 PM

Quote:

Originally Posted by PornMD

The MySpace guys wouldn't agree with you, and they never have to work another day in their lives.

They made less than 2mil each bad example

01-14-2011, 10:09 PM	#1
wtfent Confirmed User Join Date: Nov 2003 Location: San Diego, Cali. baby!!! Posts: 3,790	Facebook now valued at... $70.65 billion This is just getting a little too crazy, if Mark Z. adds $5 billion more to his wealth he will be the 5th richest man in the world. That just doesnt sound right to me, id take my money and run. __________________ ThisWillShockYou.com DVD Store - TWSY UNCENSORED ICQ# 194020367 E-mail: shockingbucks(AT)gmail.com Promote something different!! Shocking Bucks

01-14-2011, 10:10 PM	#2
wtfent Confirmed User Join Date: Nov 2003 Location: San Diego, Cali. baby!!! Posts: 3,790	Here is the link... can we say bubble? http://techcrunch.com/2011/01/14/fac...ion-valuation/ __________________ ThisWillShockYou.com DVD Store - TWSY UNCENSORED ICQ# 194020367 E-mail: shockingbucks(AT)gmail.com Promote something different!! Shocking Bucks

01-14-2011, 10:16 PM	#3
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,934	That is fuckin insane,dam __________________ *YOUR INFORMATION HERE*

01-14-2011, 10:49 PM	#4
PornMD Mainstream Businessman Industry Role: Join Date: Jan 2007 Location: San Diego Posts: 9,291	It's worth about 70.65 billion flooz. __________________ Want to crush it in mainstream with Facebook ads? Hit me up.

01-14-2011, 11:22 PM	#7
webair Confirmed User Industry Role: Join Date: Feb 2002 Location: NYC, NY Posts: 8,531	People have been buying shares for $40 to $80 per share for over a year now privately...Welcome to the BIGGER bubble =) __________________ ~ Webair Dedicated Cloud Servers™ ~ WEBAIR VSYS™ Virtual Hosting Platform ~ Superior CDN Network ~ ~ Managed Dedicated hosting Specialists ~ DISCOUNT DOMAIN NAMES! ~ WEBAIR FUSION IO MANAGED CLOUD SERVERS! ~ *ICQ:* 243116321 - *TWITTER* - @WEBAIRINC - E-Mail: [email protected]

01-15-2011, 12:18 AM	#8
2intense Too lazy to set a custom title Industry Role: Join Date: Dec 2009 Location: Google Posts: 12,457	never use this shit,anyway __________________ Most Affordable Firewall & Malware Protection for Linux Servers

01-15-2011, 01:06 AM	#9
Mock NyaMout Confirmed User Join Date: Sep 2009 Posts: 514	__________________

01-15-2011, 01:35 AM	#11
djroof JuicyDevils.gr Owner Industry Role: Join Date: Jan 2004 Location: Greece Posts: 25,383	yeah big bubbleee

01-15-2011, 01:38 AM	#12
Nathan Confirmed User Industry Role: Join Date: Jul 2003 Posts: 3,108	SecondMarket is hardly a trading platform for those shares. They are sold auction style. They are selling them in chunks of 25000 or more at one time. They set a minimum price each auction. And the eval is based on the company having 2.5 billion shares. SecondMarket only sold 2.7 million shares though! This also means the company would need to make a profit of over 3 billion USD (profit!) per year in order to land anywhere close to a standard mainstream big-company evaluation of 20 or so years. And you tell me, should a social network be valued at 20+ years?! As if nothing new will come up in that time in such a closed section of the net. __________________ "Think about it a little more and you'll agree with me, because you're smart and I'm right." - Charlie Munger

01-15-2011, 02:52 AM	#13
Mike Honcho Confirmed User Industry Role: Join Date: Aug 2007 Location: FL Posts: 1,608	IMO, if I was in his position and someone offered me $40-50 Billion+ I'd have no problem selling and living my life next to Warren and Bill __________________

01-15-2011, 03:25 AM	#14
Mike Honcho Confirmed User Industry Role: Join Date: Aug 2007 Location: FL Posts: 1,608	Then again, I believe Facebook is a sister company to the parent (cia) __________________

01-15-2011, 04:03 AM	#15
NinjaSteve Too lazy to set a custom title Industry Role: Join Date: Dec 2003 Posts: 11,089	Talk about over estimating the value. __________________ ...

01-15-2011, 04:07 AM	#16
Chosen VIPPay.com \| AdultWebSponsors.com Industry Role: Join Date: Aug 2001 Posts: 63,151	For some reason I don't give a fuck

01-15-2011, 04:30 AM	#17
Machete_ WINNING! Industry Role: Join Date: Oct 2002 Posts: 14,579	It's really hard to get a solid valuation for a company like facebook. I mean, maybe they take over all internet communication, and they're super valuable. Or maybe another site or business model will crush them, like how myspace got crushed by facebook. I ain't touching this one. P.S. Bono owns about 1.5% of Facebook. I hope it goes down the pan.

01-15-2011, 04:36 AM	#18
georgeyw 58008 53773 Industry Role: Join Date: Jul 2005 Location: Australia Posts: 9,864	He should just sell and enjoy his life of leisure.

01-15-2011, 05:47 AM	#20
Paul Markham Too old to care Industry Role: Join Date: Jun 2001 Location: On the sofa, watching TV or doing my jigsaws. Posts: 52,943	Anyone who values an Internet company on future earnings is running a risk. The business is too fickle. __________________ Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500. PM me for a deal. Skype Paulmarkham70

01-15-2011, 06:04 AM	#22
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	I remember thread where gfyers was calling zuckenberg idiot because he didnt sold FB for one billion to yahoo.

01-15-2011, 08:39 AM	#23
Nathan Confirmed User Industry Role: Join Date: Jul 2003 Posts: 3,108	Just because its valued 70 billion does not mean he can SELL it for 70 billion! Far from it actually... In a firesale, this thing is worth MUCH MUCH less... __________________ "Think about it a little more and you'll agree with me, because you're smart and I'm right." - Charlie Munger

01-15-2011, 09:00 AM	#24
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	Not many internet/tech companies survive for long... and there is really nothing breakthrough about facebook, it's not much more than a fancy script and bunch of people using it... valuing it at 50x+ revenue is ridiculous... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

01-15-2011, 11:26 AM	#26
TheDoc Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Location: Currently Incognito Posts: 13,827	Facebook is a media company, that has social aspects... which is why it's worth $70b+ With 30+ billion shared movies, games, stories, websites, etc MONTHLY, and 10k+ new websites integrate into Facebook DAILY and overall 500 million users with half accessing the service daily. And they are able to make a profit on that world wide traffic, this early in the game... We're talking Googles Competition here... online market wise, nobody else compares to the global reach of these two giants. Google is worth a heck of a lot more because it does a heck of a lot more - but that just shows the power of being able to reach more people. It would take Facebook to basically quit to stop them from growing even more. __________________ ~TheDoc - ICQ7765825 It's all disambiguation

01-15-2011, 11:51 AM	#27
kenny Confirmed User Industry Role: Join Date: Mar 2002 Posts: 7,245	500 million users is already a heavy % of the world population __________________ 7

01-15-2011, 02:04 PM	#28
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	Social networking IPO's may be a bubble, but as for social networking itself, I think it's here to stay. __________________ Webair Hosting I use and recommend Webair for hosting.