How Much Is Facebook Worth?
Tuesday, November 16, 2010
According to SecondMarket (an online marketplace), Facebook is valued at 40 billion dollars. Currently, Facebook is more valuable than eBay, which sits a a close 39.3 billion dollars. However, an article from Mashable states that while these numbers seem high, they are more expectations than they are real.
Social networks, not just Facebook, are huge right now. Most everyone uses them and whether they admit it or not, on a regular basis. How else does one explain why something in cyber-space would be worth so much?
My question is, how is a social network site worth so much? We don't pay anything to sign up, and really only pay money if we want extras on the games Facebook hosts. Technically in some form, we pay for the Internet, or the computer used to access the Internet.
Honestly, I sometimes wonder how long Facebook will be around for. MySpace was huge for a couple of years, then slowly dwindled away. I can recall when sites like Tagged, Bebo, and Hi5 were popular, but they soon faded away as well. So while Facebook may be the big player for now, whose to say that it will still be around five years from now. The future is uncertain.
2 comments:
This is something I wonder as well. My feeling is that Facebook, through its mass of users and options, can last a long time. It just depends on if Facebook can keep creating new and innovative tools for its users to enjoy. Interest in the product is key.
I didn't realize Facebook was worth that much money.
As of right now I don't think Facebook is going to go anywhere. It has grown immensely. Parents and grandparents have even started in on the Facebook fad.
Since the popularity is so wide spread, I have a feeling it is going to live a long life. Myspace, to me, seemed to have a short life span.
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