Facebook Sandbagging, 2011 Revs Really $12B Not $4B

[Tube Ace]

http://launch.is/blog/l016-facebook-...2b-not-4b.html

[C H R I S]

Wow - 120B by 2012...

[19teenporn]

Lots of moola.
And i can't make my first sale yet...

[BradBreakfast]

Facebook is a bubble... just wait until it pops!

[newB]

That really sucks for the twin brothers that accepted the low-balled settlement based on misleading figures.

http://www.foxnews.com/scitech/2011/...-war-facebook/

[fuzebox]

Originally Posted by newB

That really sucks for the twin brothers that accepted the low-balled settlement based on misleading figures.

http://www.foxnews.com/scitech/2011/...-war-facebook/

You mean the brothers who shouldn't have been entitled to anything to begin with, and were lucky they got anything?

[Theo]

Although I don't agree with some of the estimations, it is an interesting overall article. FB does have the ability to turn a 2%+ accounts to a paid model, but it will require to provide much more than who visited your profile info.

[newB]

Originally Posted by fuzebox

You mean the brothers who shouldn't have been entitled to anything to begin with, and were lucky they got anything?

No, the other ones.

I haven't actively followed the drama or watched the movie; I don't think I've even logged on to facebook yet this year, so I have no real opinion one way or the other. You say they're lucky to have gotten anything - ok. Who cares, really? Considering they got $20M AND partial ownership, I really don't feel too bad for them.

[madawgz]

It just keeps getting bigger and bigger...

[seeandsee]

The curt even fucked that twin brothers as i heard, they now sad they are not owned nothing...

And their earnings potentials are great

[ilnjscb]

3X, what a nice round figure! I'm sure the many billionaires and titans of finance that are involved with and/or advising Facebook will take this well reasoned and detailed plan, facepalm themselves and get bizzay making that 3X money!

[Klen]

Weird how they actually made more money then google.

[tiger]

Originally Posted by newB

That really sucks for the twin brothers that accepted the low-balled settlement based on misleading figures.

http://www.foxnews.com/scitech/2011/...-war-facebook/

LOL those guys were lucky they got shit in the first place.

[ShellyCrash]

Key words in this article being "suggests", "we believe" and "potentially".

Then multiply the guestimation by 20x EBITA

I'm not saying Facebook isn't worth a shit ton of money, but these fucking articles. My god. Crazy pills.

[bronco67]

I just can't believe these websites are worth this much money. Internet bubble, the second coming --- here we come.

[_Richard_]

Originally Posted by AVN Theo

Although I don't agree with some of the estimations, it is an interesting overall article. FB does have the ability to turn a 2%+ accounts to a paid model, but it will require to provide much more than who visited your profile info.

are they moving to create paid accounts for generic users? i thought they'd be concentrating on business accounts for a paid service

[96ukssob]

Originally Posted by pornopete

The question is, is Facebook google or yahoo? If you remember in the early days of the internet we were literally inundated with search engines, alta vista, meta crawler, yahoo, hotbot. All of them were heavy hitters competing with each other, rapidly adding content and features. Along comes this little shitty site called Google.

Right now we've had myspace, hi5, friendster, linkedin, facebook, and some others. These, although they do still get respectable amounts of traffic, are all dead. It is highly improbable that they will make a comeback.

Facebook has two threats. The first threat is the unknown. A site can crop up out of nowhere and take over, much like facebook did to myspace. The second threat is much more real, twitter. Although not in direct competition with facebook twitter offer a similar service. Twitter can easily add a few third party farms and not only will 12 year old little girls be able to milk their imaginary cows, they will get updates from justin beiber while they are milking those cows.

I don't see facebook switching to a pay model. That would be a disaster. One of the reasons people preferred facebook over myspace because of the anonymity it provided over myspace. You can look at your old girlfriends photos without her know you that are doing it. If facebook provided a service where users can see who browsed their profiles and looked at their pictures it would be too much of a game changer. Sure they might convert 2% of their users to paying customers, but what will happen to the other 98%? Then again 2% of 500 million is quite a high number.

No way would FB move to a pay model. they make a killing from selling ad space.

However, one thing FB has over anyone else (besides twitter) is they have their shit together. Meaning, so many sites and networks connect to FB to share information. People rely on FB for emails, updates and more. I actually have some friends who tell me to message them on FB rather than email because they dont check it.

I really cant see FB going anywhere in the near future... unless they plan to add bands

[V_RocKs]

Throttle!

[Vick!]

I like facebook basically because it doesn't allow people to customize their pages. No creepy graphics etc.