skip to main |
skip to sidebar
...Facebook
Facebook, the fad that does not want to die fast, just got a $500 million investment form Goldman Sachs and a Russian investor. What does this mean for you? Well for one it means that Facebook can stay a private company for at least 1 more year, but more importantly it puts the company's value at $50 billion! This is twice as much as Yahoo, more than ebay, and it is equal to Boeing and Kraft. All of those companies are public though, so can you imagine what it wil be worth once it goes public? If it ever goes public... When Google went public is was valued at $24 billion, not it is worth $200 billion. Amazon is also worth more than Facebook, just in case that one other person reading this cared. I do not know what Facebook really does... It allows you to stalk people, it allows you to be whomever you would like to be, it allows you to play games, but hat is it. Facebook is a large space for advertising. Facebook is a better version of Myspace. A more thoughtful version of Twitter. What will its long term purpose be? Mark Zuckerbeg and the other people in charge are the only people who will make money at the end of the day. When this 500 million friend bubble burst, they will be long gone from the operation, young and rich. I do not know how a company that does nothing on the level of Boeing, America's largest exporter. I guess it is a sign of the tim
es. How does a person go from being someone's friend to having a sex tape to making $6 million dollars last year? How does someone go from male stripper, to reality TV guy with a stupid name on a controversial show, to having a hit reality show, a stupid but "catchy" nickname and making $5 million dollars last year? In a do-nothing world with do-noting people we should not expect anything more I am giving this a Digit Down.
Facebook, the fad that does not want to die fast, just got a $500 million investment form Goldman Sachs and a Russian investor. What does this mean for you? Well for one it means that Facebook can stay a private company for at least 1 more year, but more importantly it puts the company's value at $50 billion! This is twice as much as Yahoo, more than ebay, and it is equal to Boeing and Kraft. All of those companies are public though, so can you imagine what it wil be worth once it goes public? If it ever goes public... When Google went public is was valued at $24 billion, not it is worth $200 billion. Amazon is also worth more than Facebook, just in case that one other person reading this cared. I do not know what Facebook really does... It allows you to stalk people, it allows you to be whomever you would like to be, it allows you to play games, but hat is it. Facebook is a large space for advertising. Facebook is a better version of Myspace. A more thoughtful version of Twitter. What will its long term purpose be? Mark Zuckerbeg and the other people in charge are the only people who will make money at the end of the day. When this 500 million friend bubble burst, they will be long gone from the operation, young and rich. I do not know how a company that does nothing on the level of Boeing, America's largest exporter. I guess it is a sign of the tim
es. How does a person go from being someone's friend to having a sex tape to making $6 million dollars last year? How does someone go from male stripper, to reality TV guy with a stupid name on a controversial show, to having a hit reality show, a stupid but "catchy" nickname and making $5 million dollars last year? In a do-nothing world with do-noting people we should not expect anything more I am giving this a Digit Down.
No comments:
Post a Comment