Would you pay 9 billion dollars for Facebook? Yes/No? Actually, that's what Henry Blodget thinks Facebook is really worth - I read about the 9 billion Facebook valuation a TechCrunch post titled Blodget Says Facebook Is Only Worth $9 Billion, Hypothetically Speaking
"….Today, Henry Blodget & Co. at Silicon Alley Insider try to peg valuations on 25 private Web companies. Facebook
is at the top of the list, but it is valued at $9 billion instead of the $15 billion that Microsoft’s investment put on the company. Why? Because everyone knows that the $15 billion is too high, so SAI decided to apply a 25X multiple on Facebook’s 2008 revenue forecast of $350 million. Does that make its valuation correct? Probably not. But in the absence of any true market pricing, anyone can go ahead and make a guess."
I think that sounds right - 15 billion for Facebook sounds too high - not that Facebook isn't worth 15 billion - but who'd pay that much for it?
While I wasn't there - blogger Tamar Weinberg who I've met a couple of times lately and will be seeing a lot of at Search Engine Strategies next week - wrote a SXSW: Mark Zuckerberg Keynote (the edited liveblogged version) that is the first full account I've come across of the heavily discussed Lacy-Zuckerbert Keynote.
(Photo credit: Brian Solis)
Wish I was there - though yesterday I attened NONE - which was our New York version of SXSW - where we had BBQ's Ribs in an impromptu meeting.
Now, what I want to know is how Tamar Weinberg managed to transcribe the entire keynote session? That's a lot of work.
By the way, I wrote about the Lacy - Mark Zuckerberg Keynote in a post titled -
Gee, getting 200 friends was never so easy (only 200 friends?) - well .. they're Facebook friends .. that's why.
The "lucky" 200th Friend Michael Lyons Wier who owns and runs http://www.lyonswierortt.com, a well known New York Art Gallery and Dealer.
Ok, I'm not Robert Scoble - I don't have 5000+ friends (yet - that might take a while) and I'm probably not as insecure as I should be (Studies say the more Facebook friends you have, the more insecure you become - with the threshold starting at 800+ Friends).
So, I'm not insecure yet … and just basking in my first 200 friends.
Which reminds me, anyone can join WAASOCIAL - The Web Analytics Association Social Network AND … that Blogging and Social Networks are good for your health and good for your Social Life - and if you don't believe me - just read my post on
….and it's even "measurable" - like in metrics and web analytics - we're getting there and in the process of defining standards for Social Media - like blogs and social networks, podcasts and vidcasts, the whole nine yards, or part we can do this year.
