Hi all, Isn't it stupid to pay 10 billion dollars to a web site? I wonder what makes it so expensive. Internet will go on and we will see lots of new project. Will they make too? Many people dies of hunger on the world. 1 billion can save millions life. How many years more this crazy bidding will survive? I am very angry.
I'm sorry but i think you miss the main point. People not spending 1 billion for nothing but they spend it to earn even more back. that's what we call investing. If you spent 1 billion on something that can not earn or gain anything back that is a real waste and better to donate to those who need like you said. Sure they will have more billions dollars worth sites in the future and i hope those people who earn that much can give away some part of it to those people who needed. Cheers.
The person who invests this lind of money know's wht to do with it.They spend to earn. Why we criticse them!!. A person would not spend tht amount if he new he cannot earn more than tht.
Facebook is worth 10 billion dollars because of the people who use it, highly educated, young with money to spend. An advertisers wet dream.
People can't come out with an original idea to attract many visitors, so they used money to buy something that's already successful.
Let them do what they want, it's their business. If they want to pay that much money, I am sure they have plans to double that in the future.
I am guessing that if someone were to invest $10B in anything they've probably done a lot of research to make sure they will make a profit within 10 years or so. I don't see why anyone WOULDN'T buy Facebook. It is perfectly logical. I don't see why you're so mad...