Facebook is one of the biggest social network that has over 600 million active users world wide. This video is very interesting. Is Facebook really worth $50
billion??
http://www.cnn.com/video/#/video/tech/2011/03/08/foreman.facebook.cnn?iref=videosearch
Facebook has quickly become the most marketable website to date. They offer unlimited resources for business to market themselves internationally. Facebook being valued at $50 billion dollars make sense because of that very fact. Some companies would never have been able to expand to the level they are at now with out the assistance of social networks, most notable the resources provided by Facebook.
ReplyDeleteIt is amazing how people prosper by developing an initially "free" website for internet users. The start of the website and by what it is compared to now is amazing. The website is worth near $50 billion, and it amazes me how a few people can build such a success business which is generally free.
ReplyDelete50 billion actually sounds like a piece of a much bigger pie. That number sounds a lot smaller than i would imagine, but it makes sense since it is free to make an account, and much of it's revenue probably comes in advertisements/trafficking.
ReplyDeleteFacebook is very addicting. I recently set up a Facebook account. I found myself posting a comment as soon as I woke up in the morning.I can see why facebook is worth a lot of money, Facebook userers have the same symtoms as crack users.We all know that the drug business is one the most profitable businesses in the world.
ReplyDelete