Hi guys!<p>I would like to know if is just me that can´t belive how facebook can worth so much. Am I just a big fool or are there more people that think like me!?<p>Tks a Lot!
No, you're not alone. Facebook's valuation grew from like 20 billion to 85 billion in a matter of months. I really don't think they're worth more than 20 billion, maybe less. $10 billion might be more appropriate, but you might think that's not true because LinkedIn IPO'ed at $10 billion. Yeah, but LinkedIn is also part of the valuation bubble. How can a company which only makes a few hundred million <i>in revenue</i>, be worth $10 billion? Ridiculous.<p>Perhaps Facebook's bubble will pop now that Google+ is getting out. If Google+ gets to 100 mil users by the time Facebook IPO's, they might find that their IPO will be valued a lot less than they initially expected.<p>Just look at Groupon. Google almost paid $6 billion for it, and yet it's rumored to IPO at only $700 million. It just goes to show how ridiculous the private valuations have become. And then you have Microsoft paying $8.5 bn for Skype. Wow.<p>Whoever thinks we're not in a valuation bubble must not be looking close enough.
I def. see facebook fizzling out over the next 5-10 years as they get more aggressive in trying to wall people into their network and try to weave their way into government and banking.