Quote:
Originally Posted by Rochard
This is my point. Why is a company that is "estimated to make $100 million next year" valued in billions of dollars? A company isn't worth twenty times what it's estimated potential earning might be.
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They made over a billion dollars in 2010, and cleared $100m net in the last quarter.
What are they at, 7 years? Largest site in the world, more world wide visitors than Google, and FB hasn't monetized even 1% of what they could?
While Google makes what FB does in two weeks, they are equal in traffic. This shows how much they can grow once they start to monetize everything - that's how damn big they are.
If Google is worth it, then FB is damn sure worth it.