Each Facebook User Worth $50 to the Company
How much money are you contributing to Facebook by being a user?
Mark Zuckerberg started Facebook six and a half years ago, in February of 2004, from his Harvard dorm room. Yesterday, he confirmed that 500 million people are using Facebook to stay connected. Zuckerberg also spoke to ABC's Diane Sawyer and told her that it's the people who make the service.
"It's really the people themselves who have gotten us to this state. I mean, we've built a lot of products that we think are good, and will help people share photos and share videos and write messages to each other. But it's really all about how people are spreading Facebook around the world in all these different countries. And that's what's so amazing about the scale that it's at today," Zuckerberg told Sawyer.
Since the interview last night, some more fun facts have come to light. PC World reports that if Facebook were a country, it would be the third largest in the world (behind China and India). As for where users are Facebooking from, North Americans account for the biggest chunk of Facebook users with 32.5 percent of the market share. Next is Europe with 27.5 percent, and Asia with 17.1 percent. Placing in fourth and fifth place are South America, and the Middle East and North Africa, with 9.2 and 8.5 percent respectively.
However, probably the most interesting in PC World's 'Fun Facts About Facebook' piece is just how much each user contributes to Facebook's overall value. Currently Facebook is said to be worth somewhere in the region of $22 and $25 billion. Taking into consideration that Facebook makes the vast majority of its money from mining massive amounts of data from its users, each of the 500 million users counts for about $50 or 500 Facebook credits towards the company's value.
To celebrate 500 million users, Zuckerberg and all the Facebook employees around the world made signs saying thank you to the users. You can check out the album here.
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i want my share! lol
I wonder if I can trade in my account for the $50... the money is much more useful to me.
i gave $500 to facebook since i have 10 fake accounts for playing mafia wars on facebook..
I hope your kidding. Facebook is great for catching up with old friends from back in the day.
I pretty much agree with the first 2 posters
They better dump that company while it's hot. It's going to come crashing down like everything else and won't be worth anywhere near that much (i.e. AOL, Myspace, ...)
@shizen lol... thats kinda sad
They get money by "mining data from its users"? Where does that data go to after they attain them?
Don't ya wish you were that rich...
In that case I want my money back, a class action lawsuit should be made requesting Facebook to pay that money to it's users, that would be a pretty smart move
only $50 per person? dumbf**ks LOL
*deletes old unused account* Only 499,999 now. HA!
Mark should sell facebook in the next 1-3 years. After that there will be something better to replace it which will make facebook plumb down to the wrnog (remmeber Myspace being replaced by facebook?).
Facebook is pretty much only useful as a place to spy on your ex or get random hookups from girls you knew 5 years ago.
I will bet you anything that the average occurrence of reconnecting with some hot chick you used to have a crush on in high school but didn't talk to much, and then meeting up at a bar and getting wasted together and you bang the bejeezus out of her, then not talking again for like a month and it never goes anywhere, has increased by like 15,000% since the launch of Facebook. That's probably worth $50.
Honestly, $25billion for Facebook? It sounds more ridiculous than the dot-com bubble.
i wonder how much does the account depreciate when you have adblock plus
*deletes old unused account* Only 499,999 now. HA!
Yeah, you wish you could delete it! I swear, when humanity is gone, there will be a time capsule hard disk somewhere with all the Facebook data.
Yeah, you wish you could delete it! I swear, when humanity is gone, there will be a time capsule hard disk somewhere with all the Facebook data.
You can delete it. They just don't like you finding the button. Laws in most countrys ensure FB has that button.
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I will trade you my facebook account for a pair of UGGs...
i gave $500 to facebook since i have 10 fake accounts for playing mafia wars on facebook..
doesn't everyone? im sure their statisticians are wrong
Then why don't I get some of that share?
Facebook is pretty much only useful as a place to spy on your ex or get random hookups from girls you knew 5 years ago.I will bet you anything that the average occurrence of reconnecting with some hot chick you used to have a crush on in high school but didn't talk to much, and then meeting up at a bar and getting wasted together and you bang the bejeezus out of her, then not talking again for like a month and it never goes anywhere, has increased by like 15,000% since the launch of Facebook. That's probably worth $50.
I use facebook as a tool like that. I love facebook.
I didn't know a dumbf*ck was worth at least 50 bucks.
People go on to Facebook to die, suicide, lose their job, lose their identity, get stalked on, get screwed, all for $50 each? That's so cheap. What a deal!