How much are biggest social networkings worth?

Discussion in 'General Business' started by ernest1a, May 17, 2007.

  1. #1
    I am wondering how much would be biggest social networkings worth on stock market. I would like to know for Friendster, Myspace, tagged, orkut, facebox, facebook and if you have for any other it will be also helpfull.

    I heard so many times so many different numbers that I really don't have any idea.

    Thanks
     
    ernest1a, May 17, 2007 IP
  2. BinderGang

    BinderGang Well-Known Member

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    #2
    Well, Facebook is priceless I believe in the sense that Yahoo came calling and the founder wouldn't sell. haha.

    MySpace is worth WAY more then what Murdoch paid for them, especially when you compare it to the Youtube sale later on.

    Don't know about the others. Friendster definitely isn't worth as much. The other networks are at least up and coming it seems. Friendster's time has come and gone (but it still is worth more than you and me probably will ever make, haha).
     
    BinderGang, May 17, 2007 IP
  3. ernest1a

    ernest1a Guest

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    #3
    what was the number in Facebook and Myspace?
     
    ernest1a, May 17, 2007 IP
  4. qwestcommunications

    qwestcommunications Notable Member

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    #4
    Stockmarket exuerance means these sites are always overvalued. Certianly, at the time News Corp. bought MySpace, it overpaid the sites, especially given there are now other similar sites available at a fraction of the cost, though obviously, not quit as big as MySpace because of the huge number of members they have.
     
    qwestcommunications, May 17, 2007 IP
  5. BinderGang

    BinderGang Well-Known Member

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    #5
    MySpace was bought for $580 million. A STEAL. Really.

    Facebook turned down $1 BILLION from Yahoo, I believe.
     
    BinderGang, May 17, 2007 IP