|
Monday it was estimated close to $1 billion was to be spent online. This was the best day in the year for online sales. So it's not too crazy to assume the entire online revenue is around $200 to $250 billion. So how do they rate FB to be worth $100 when all it does is carry advertising for the sites selling with a few games it sells?
Adverting mainstream can't be more than 20% of the total revenue, FB can be #2 or #5 in a few years.
|