Facebook Now Valued at $85 Billion

How does this work?

$85 billion divided by 643 million members means $132 per member. How could the stockholders get $132 of value for each member?

Woohooo let it like the .Com era.

Boom then go bust

i never understood facebook and still dont understand it. myspace was the same thing, yet that died off and everything was all of a sudden about facebook. hopefully there is some lawsuit that kills off facebook because i hate it, my wife spends too much time on it.

There's one overwhelming difference. Myspace was a piece of crap, design wise. Each individual's page was cluttered with horrible music (trying opening 5 diff. users pages at once, you'll hear terrible convergence of music), and their own background which were often loaded with terrible colors/patterns that made any updates or information virtually impossible to find without going blind. Facebook's pages are designed with uniformity and ease in mind. It's simple to navigate and you know generally where everything is on everyone's page. Like facebook or not, it's your personal preference. As for me, I got on facebook when it was only limited to college campuses only, so all my friends/social network is on there.

Must be nice to own something worth 85 bill!

LMAO $85 billion

in 5-10 yrs kids will be like "huh, what's facebook"

virtual home? meaning people spend too much time on facebook? hah

why is everyone saying this? what makes you so positive that facebook is going to go the way of myspace?

it has gained more traction that any other social network in existence. it has the attention of every company everywhere. companies advertise and market on facebook, and use it to connect to many many people. it's not going anywhere, i'm sorry if that fact breaks your heart.

twitter, on the other hand, might.

Can't wait until FB dies out in a few years when something "better" comes around.

Burn it with fire!

maybe these spams should die out soon would be nice if i didn't get this shit everytime i go to post and have to scroll through spam like it was bramble

and Bill Gates, a single individual, has over $50 billion..god damn.

face book is a load of crap, but damnit when it goes public im putting all my money into it, its one of those things that EVERYONE will invest in, and if i can manage to get some shares early on i can cash out when it settles down at 5-7X what it was originally worth, and hopefully coast the rest of my life living off the stocks.

I'm still thinking that facebook shouldn't be worth anywhere near that at all. For god's sake, its just a place where bored housewives and university students troll together...

Wow i dont do facebook and never will.

Is it? Is it really?

Odd. Seems pretty instrumental for my family between the UK and Australia to keep in regular touch. Seems pretty crucial for me to be able to keep up with my friends back in my hometown and arrange to get together. I'd say it was pretty vital during university to keep in contact with my seminar members and throw links at each other to useful articles for our dissertations.

Do open your eyes.

$85bn seems an awfully high valuation, especially when you consider the profits it currently makes.

It will be intersting to see whether they can ever extract meaningful amounts of money from users. It will also be exciting if the EU decides to go after face book, as they did wih MS.

I hate Zuckerberg and Facebook, yes, I'm hating, just opened up a huge bottle of hatorade! No I didn't see the dayum movie.

do her more often or change the wife

What a baloon

bound to fall soon as users get something new

Facebook IS the internet... Saying it will go away "because myspace did" is like saying cellphones will go away because pagers did. There is a HUGE difference...

what in the holy fuck!? hate fb too.

There are many signs that the "People with the Money" are hoping to make another giant killing by titanicing Facebook. Evidence of that "exclusive" deal from before is right there. not be able to sell for 2 years? wow. Sorry, everyone else with stock sold theirs and made a few billion! you? you're stuck with $423.91 worth of shares from your initial $100k investment.

Never mind Facebook's privacy issues, the signs are right there that Facebook can't make billions in revenue off selling people's info. Eventually when enough people are poised to reap in a big tidy profit, they'll pull the plug. Your pre-established stock sale triggers will happen and sell it at a net loss (depending how you set your trades).

And in the end, the real scummy people will buy up your personal info from what is left of the company.

Facebook is ok. It's Twitter that seems completely ridiculous!

you obviously don't understand how things like this work.

A friend of mine sold his business cellphone number for $4k. How did this happen? well, he was retiring and wanted to sell his customers as it were, so that when people want a new electric fence, they call the number they know, and, well it isn't the same guy on the other end, but the deal will still happen. See? his cellphone number was worth 4000 dollars. it has nothing to do with how many contacts he had. that help y'all understand it a bit more?

Once you get above $60 billion you should just stop counting...

And to help you understand it a bit more:

Your friend's cellphone number was worth 4000 dollars, because the person buying it expected to eventually make more than that with the customers calling the established number.

Now you can bet your a$$ that sooner or later, the people pricing Facebook at $80m want to see the money too. Of course, nobody expects it to make that much. It's just talked up, so that when it will eventually go public, the stock price is going to be artificially high and that's when all the investment folks who put money into it thus far, can sell their stocks.

Facebook is definitely worth something, but 80m is just clown shoes. That's 75% of Intel's market cap but they only generate 2% of the revenue. Nobody even knows how much net income Facebook produces, or if it does at all.

Bubble bursting in 3... 2... 1...

People learning their lesson in ... never.

I call BS. A Cell Phone Number is nobody's property but the phone company's.