Facebook is not worth $100,000,000,000.00 ?! What is this, the 1980s?

Jason Calcanis has an excellent post noting that Facebook madness has become so absurd people are now seriously suggesting that a company with 100 million in revenues could be worth 100 billion.   

Ha – only a year ago knowlegeable people were scoffing at the notion that Facebook  is even worth a billion dollars.   Although Facebook has grown a lot in this past year and has distinguished itself as a brilliant Web 2.0 juggernaut powerhouse in social media, the hype is almost nauseating.  

Unless, of course, you own a piece of the action….

Bubble investors better pack a a golden parachute, because it seems with all these low revenue sky-high valued companies it could all get very ugly very fast. 


About JoeDuck

Internet Travel Guy, Father of 2, small town Oregon life. BS Botany from UW Madison Wisconsin, MS Social Sciences from Southern Oregon. Top interests outside of my family's well being are: Internet Technology, Online Travel, Globalization, China, Table Tennis, Real Estate, The Singularity.
This entry was posted in companies, facebook, Social Networks, technology, Web 2.0 and tagged , , . Bookmark the permalink.

One Response to Facebook is not worth $100,000,000,000.00 ?! What is this, the 1980s?

  1. Pingback: » Why YOU Determine the Valuation of Facebook | Todd Earwood

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s