The question that needs to be asked again: Is Facebook really worth 12-digits?
$100,000,000,000. A one followed by 11 zeroes. Has social networking truly become so lucrative that Facebook’s intention of launching their initial public offering on May 17th will yield a company that can raise $10 billion against such a lofty valuation?
It’s a question that was being asked when Facebook was worth 1/3rd of where it is now. The question will be asked until it fails or clearly succeeds. What do you think? Is Facebook really worth that much?
I believe the information is worth quite a bit but no where near what people/investors think its worth. Anyone remember yahoo and its mega worth but when was the last time someone used it. The same thing has begun with facebook. Most of the people I knew on facebook dont ever check it or post any more and the rest dont care to join. It was a great way to reconnect with people from long ago but quickly gets old. Now that employers are using the system to background check individuals everyone its dying off two fold.