How the hell can Facebook be worth $50 billion

Sailor Steve · 01-03-11, 10:45 PM

Well, since if it wasn't for FaceBook I would never have found my long-lost daughters, and would never have known I have grandchildren, or have pictures of them, I don't think it's exactly fair to characterize me as a "sucker".

Wolfehunter · 01-03-11, 10:56 PM

Quote:

Originally Posted by Sailor Steve

Well, since if it wasn't for FaceBook I would never have found my long-lost daughters, and would never have known I have grandchildren, or have pictures of them, I don't think it's exactly fair to characterize me as a "sucker".

In an ideal world where all is perfect FB is a great tool... But in ours its too risky with all the f--ked up people..

I'm just saying..

Gargamel · 01-03-11, 11:24 PM

Quote:

Originally Posted by Sailor Steve

Well, since if it wasn't for FaceBook I would never have found my long-lost daughters, and would never have known I have grandchildren, or have pictures of them, I don't think it's exactly fair to characterize me as a "sucker".

Congrats on that Steve!

PeriscopeDepth · 01-04-11, 12:37 AM

Google is valuable because they are the point where people declare their intent on the internet, ie "I want to buy something so I will search for it." And then get advertisements based exactly on what you are looking to buy. Or what you are looking at in your gmail account, etc.

Facebook is considered to be so valuable because all the profile information, status, updates, etc builds a very complete picture of you to potential advertisers. And they have mind blowing traffic statistics. That being said, I do think the value of facebook is largely speculative. But the potential is certainly there.

PD

Betonov · 01-04-11, 02:53 AM

Take into the account that ads are country specific, so not only you have room for 5 ads on the main site or ''the wall' but there's lets say about 80 countries (dont hang me on this, just speculation, like oil and gold), that's 400 ads in one moment.
Then the adds change everytime you refresh so you can have a hundred or more advertising space thats 40 000 ads times hundred for every new company that buys the space (the older ad goes but the money stays) we have 400 000 ads (and I believe I'm understating this).
Since this is facebook, with all its prestige the ad space cant be dirt cheap. Could be more than 200$ per day sooo, what do I get (I not we, since this is just speculation of one person, like oil and gold).... 80 000 000 $ daily.
The company has no material input of any kind, few employes compared to industry or media (a student can maintain servers), high revenue and low expenses

Plus, Zuckerberg created FB out of lonelines or something like that so we can assume his people skills are not stellar, he could be a slave driver, more profit !!!!!

Sailor Steve · 01-04-11, 10:16 AM

Quote:

Originally Posted by Gargamel

Congrats on that Steve!

Oh! You post so much and so well I didn't realize you were that new! Now I have another chance to brag!

Here's how it happened:
http://www.subsim.com/radioroom/show...ight=grandkids

01-03-11, 10:45 PM	#1
Sailor Steve Eternal Patrol Join Date: Nov 2002 Location: High in the mountains of Utah Posts: 50,369 Downloads: 745 Uploads: 249	Well, since if it wasn't for FaceBook I would never have found my long-lost daughters, and would never have known I have grandchildren, or have pictures of them, I don't think it's exactly fair to characterize me as a "sucker". __________________ “Never do anything you can't take back.” —Rocky Russo

01-04-11, 12:37 AM	#4
PeriscopeDepth Sea Lord Join Date: Jul 2002 Location: Pacific NW Posts: 1,894 Downloads: 6 Uploads: 0	Google is valuable because they are the point where people declare their intent on the internet, ie "I want to buy something so I will search for it." And then get advertisements based exactly on what you are looking to buy. Or what you are looking at in your gmail account, etc. Facebook is considered to be so valuable because all the profile information, status, updates, etc builds a very complete picture of you to potential advertisers. And they have mind blowing traffic statistics. That being said, I do think the value of facebook is largely speculative. But the potential is certainly there. PD

01-04-11, 02:53 AM	#5
Betonov Navy Seal Join Date: May 2009 Location: Slovenia Posts: 8,647 Downloads: 26 Uploads: 0	Take into the account that ads are country specific, so not only you have room for 5 ads on the main site or ''the wall' but there's lets say about 80 countries (dont hang me on this, just speculation, like oil and gold), that's 400 ads in one moment. Then the adds change everytime you refresh so you can have a hundred or more advertising space thats 40 000 ads times hundred for every new company that buys the space (the older ad goes but the money stays) we have 400 000 ads (and I believe I'm understating this). Since this is facebook, with all its prestige the ad space cant be dirt cheap. Could be more than 200$ per day sooo, what do I get (I not we, since this is just speculation of one person, like oil and gold).... 80 000 000 $ daily. The company has no material input of any kind, few employes compared to industry or media (a student can maintain servers), high revenue and low expenses Plus, Zuckerberg created FB out of lonelines or something like that so we can assume his people skills are not stellar, he could be a slave driver, more profit !!!!!