I think they really deserve more.
When a startup shows an estimated $150 million in revenue, isn't wildly profitable, and doesn't have a clear revenue model, no company in its right mind would give it a $15 billion valuation -- except, it seems, if we're talking about Facebook.
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Wow thats quite lot .. But as a friend wrote they deserve it...
Personally, I think it is too much.
I rate the owner who has done very well at the age of 23.
It is too much already the backlash has began when people reliased they never delete your details and can never opt out of anything ( you can delete you account and they will spam you with emails until you log back in again to find all your info still there). I wonder how the UK data protection act would work with facebook info, can you force them to delete it? I think they got valued at $15 billion because microsoft overpayed to have as take in Facebook to block any google gobbling it up, doesn't mean the whole company is worth that much though just because Microsoft overpayed.
I think it's over-valued
It's worth it for all the really cool applications.
Zombies, Funwall, Rate-My-Face!
Amazing stuff.
[/sarcasm]
Horribly over valued. Has it actually made any money yet?
Well, at least Microsoft paid the owners about $1 billion for about 5% share of the company and apparently, Yahoo had the chance to buy it for $1 billion about 3 years or so ago but Yahoo boards decided its was over valued, then, they would have made a cool $14 billion profit now.
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