Facebook's worth is greatly exaggerated the company does not actually produce a product what it sells is the information of it's users and ad space to marketing companies.
It reminds me a lot of the type of companies that existed before the dot com crash of 2000.
Expect a web 2.0 crash someday soon.
Facebook has around 3000 employees and is valued at near $100 billion. PepsiCo employs over 294,000 people, actually makes a product and is valued at around $100 billion. FB investors better pay real close attention....
Myspace died because Facebook killed it. If FB didn't offer a better service, Myspace would still be fine. Facebook isn't going to die until someone offers a better alternative, and who knows when or if that will happen.
Also, adding a new feature is not going to hurt FB whatsoever. How many users will actually delete their accounts over the timeline feature? 1% at best?
94B, Amazing to think it could go higher than that yet it is hard to put a value on a company that has transformed the way we communicate forever. My 90 year old Aunt keeps up with what is going on with every member of her extended family by logging on to Facebook every day. We have a society of posters and publishers and those that log in to check the latest postings. Some use the FB platform for networking and others to express feelings, thoughts or experiences. We now have etiquette for FB and the most important and all powerful tool, the DEFRIEND button. This button comes with no notification option. Notifications are the one item I personally have to put a screen on. Too much mail in the inbox! 94 Billion, financials aside, can one put a price on a social revolution?
facebook is just another share holder unfriendly tech company. he even come out swinging: we make money for better product, not for share holders - not an exact quote but something like that. well thats great! i'll enjoy your product but stay away from your stock like the plague. these tech companies are use to being given free money their whole lives, the idea of actually having to return value to their investors is absurd.
nitoriFeb 4, 2012Buried
Facebook's worth is greatly exaggerated the company does not actually produce a product what it sells is the information of it's users and ad space to marketing companies.
It reminds me a lot of the type of companies that existed before the dot com crash of 2000.
Expect a web 2.0 crash someday soon.
winxwaresFeb 4, 2012Buried
Worth of facebook will decrease day by day because they are not fulfilling what users want......
wayzupFeb 4, 2012Buried
Facebook has around 3000 employees and is valued at near $100 billion. PepsiCo employs over 294,000 people, actually makes a product and is valued at around $100 billion. FB investors better pay real close attention....
youaretooFeb 4, 2012Buried
Myspace died because Facebook killed it. If FB didn't offer a better service, Myspace would still be fine. Facebook isn't going to die until someone offers a better alternative, and who knows when or if that will happen.
Also, adding a new feature is not going to hurt FB whatsoever. How many users will actually delete their accounts over the timeline feature? 1% at best?
tylorlilesFeb 4, 2012Buried
like myspace..it will soon be gona from most peoples minds if they dont do what most of their users want which is dump the timline feature.
footbag01Feb 4, 2012Buried
But nobody would value them at $100B. That's 100x earnings!
adamerica2007Feb 5, 2012Buried
People who don't like change don't like timeline, for no other reason than "it's different."
Nobody has offered me any concrete reason why it's worse than the old layout. I'd love to hear your reasons.
Timeline is an improvement, and most people recognize that.
makurosuFeb 4, 2012Buried
The IPO just shows that Facebook has peaked. Why would you want to buy into a company that has nowhere left to go?
autokadFeb 4, 2012Buried
when it comes to stock price, yes.
rudegarFeb 4, 2012Buried
many many many successful business don't produce a product
hospitals, lawyers, ....
tylorlilesFeb 4, 2012Buried
nah i think it'll be like myspace. they'll leave it up but never use it. but a better alternative not sure when that'll be.
madeofstarsFeb 5, 2012Buried
Yeah the valuation is very rich. I would see how the company performs for at least a couple quarters before buying any.
dorothyldurbinFeb 4, 2012Buried
94B, Amazing to think it could go higher than that yet it is hard to put a value on a company that has transformed the way we communicate forever. My 90 year old Aunt keeps up with what is going on with every member of her extended family by logging on to Facebook every day. We have a society of posters and publishers and those that log in to check the latest postings. Some use the FB platform for networking and others to express feelings, thoughts or experiences. We now have etiquette for FB and the most important and all powerful tool, the DEFRIEND button. This button comes with no notification option. Notifications are the one item I personally have to put a screen on. Too much mail in the inbox! 94 Billion, financials aside, can one put a price on a social revolution?
autokadFeb 4, 2012Buried
facebook is just another share holder unfriendly tech company. he even come out swinging: we make money for better product, not for share holders - not an exact quote but something like that. well thats great! i'll enjoy your product but stay away from your stock like the plague. these tech companies are use to being given free money their whole lives, the idea of actually having to return value to their investors is absurd.
theboiFeb 4, 2012Buried
$94b thats big boy money
Mark_LincolnFeb 4, 2012Buried
And how much was My Space worth when Rupert Murdoch bought control?