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Old 02-10-2011, 05:48 AM  
TheDoc
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Join Date: Jul 2001
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Quote:
Originally Posted by PornMD View Post
Seems kind of funny when Facebook is supposedly very profitable (note "supposedly"...I'm not sure they really are even with the ads) and yet for whatever reason, their valuation is a lower ratio to Twitter's than the ratio of their user base to Twitter's, despite Facebook still growing faster afaik.

Granted I hate Facebook and think it's a waste of time whereas I don't think Twitter is THAT bad, but Twitter isn't profitable. I'm keeping my eyes on LinkedIn personally...that's a site with a purpose.
I thought FB made like 150 million profit last quarter, 2 billion gross for the year, and is valued at 50 billion.

GFY is a much better place for business (in this Industry) than linkedIn, hell FB has almost everyone - where LinkedIn has hardly anyone. Unless you have a product that crosses over, like a host - it's pointless for our Industry.
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