Well, as you may know, I enjoy simple mercantile math.
So, Facebook is going to be worth 100+ billion tomorrow........based on their ad sales of about 3.5 Billion per year. Of course, we are likely to see the value soar from there.....
Based on that same formula, a web site is worth approx 300X it's yearly ad revenue income, which puts us up into the big numbers.
Being a nice guy, I'll take only 2 million for it. Save that Facebook money you were gonna put toward the IPO and get something at 1/2 the price (or double the value!).
So, Facebook is going to be worth 100+ billion tomorrow........based on their ad sales of about 3.5 Billion per year. Of course, we are likely to see the value soar from there.....
Based on that same formula, a web site is worth approx 300X it's yearly ad revenue income, which puts us up into the big numbers.
Being a nice guy, I'll take only 2 million for it. Save that Facebook money you were gonna put toward the IPO and get something at 1/2 the price (or double the value!).