Why Facebook is worth $15 billion
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by Vince Veneziani on October 29, 2007

With Microsoft recently purchasing a 1.6-percent stake in Facebook for a whopping $240 million, many are questioning if Facebook is truly worth $15 billion. While many pundits are calling $15 billion crazy, the BBC takes a look at why Facebook could actually be worth the big bucks.

For instance, did you know that over 200,000 new users join Facebook each day? Talk about astronomical growth! Other reasons include the fact that Facebook is the quintessential Web 2.0 application and how Facebook messaging is the “new e-mail”. The list goes further, but I won’t spoil the fun for you. Sail on over to the BBC link below for the full monty.

15 reasons Facebook may be worth $15bn [BBC]

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  • Facebook is yesterdays news… there is a lot more going on behind the scenes then you might realize… expect things to work themselves out over the next few months.

    Jon

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