Goldman deal values Facebook at $50bn

[CaerMyrddin]

Yes, it's exponential. By now

[Euler]

Five reasons why i'm not buying facebook

http://finance.fortune.cnn.com/2011/01/ ... -facebook/

[Euler]

I saw this peice in the standard while on the train out of London last night.

http://www.thisislondon.co.uk/markets/a ... acebook.do

[Ferru123]

Bono is doing quite nicely out of Facebook:

http://www.torontosun.com/entertainment ... story.html

Jeff

[Euler]

Facebook fatigue sets in for 100,000 Brits: Users bored with site deactivate accounts amid privacy fears

http://www.dailymail.co.uk/sciencetech/ ... fears.html

[Ferru123]

A internet company called Pandora (which has lost $92 million in its lifetime) will be making its stock market debut today, with a valuation of $2.6 billion.

http://finance.yahoo.com/news/Pandora-s ... 5.html?x=0

You have to wonder if another dot com bubble is inflating...

Jeff

[Euler]

It's a social networking bubble, a derviative of the dot com bubble. I am sure there are many more on the way! The fact that social networking is attracting such funding shows that competition is intense and likely to reduce returns. But I think that greed will almost certainly take over in the short term. Anybody remember friends reunited and myspace?

[Ferru123]

Anybody remember friends reunited and myspace?

IMHO, anyone considering Facebook as a long-term investment needs to ask themselves if they can be confident that Facebook will be as dominent in 10 years' time as it is now.

It seems far from clear that it will be. As new technologies come along and people get excited about the latest shiny new toy, Facebook's popularity may dwindle. And let's face it - Facebook is good for killing time and keeping in touch with people, but it's not exactly sexy, edge of your seat entertainment!

Jeff

[LeTiss 4pm]

Social networking is a strange business anyway

Just take this forum for example, has anyone seen a photo online of Jeff Waters?

I'd never speak to him face to face


(Only joking Jeff)

[Ferru123]

Pleased to hear it... (just joking)

BTW, a suggestion to the admins - why not have an 'introduce yourself' section, where people can post photos and a bit of info about themselves? It would be nice to put faces to names...

Jeff

Social networking is a strange business anyway

Just take this forum for example, has anyone seen a photo online of Jeff Waters?

I'd never speak to him face to face


(Only joking Jeff)