no way hozay, billions for a website. All websites can suffer easily if a better competititor comes along. such as what google did to yahoo. They Murcodch bought myspace just to look at the stats of young people and to try and understand it.
Nope nope and nopeyou can't value a business like that, its not how it works. Google is estimated to be worth just over 100 billion so your well off the shot, I'd be surprised if myspace even makes more than a billion in profit in the first place. Oh yeah forgot to mention my invisible site is worth 759 trillion (thought i'd pick a random number out of the sky too).
YouTube isnt worth squat as it sits. Its pretty much some chump giving away tons of space and bandwidth for video geeks. then again if you wanted to loose tons of cash i suppose you could buy it and continue on their current business model
Billions is way too high of a range. Perhaps you've mistaken the numbers for million, and if you are appraising it is worth about those prices in millions, you are almost correct. MySpace is probably worth a net value of about $800,000,000 (eight hundred million) to $1,000,000,000 (one billion) right now depending on traffic and revenue of course. YouTube I think is right up there maybe at the price of $500,000,000 - I think that's a fair estimate. I'm not entirely sure about Digg, though, as they mostly target the geeks of the internet.
i wouldnt pay 1mil let alone billions for youtube cos i dont want to spend all my hard earned booty on lawyer fees.
These sites and their valuation have all the trademarks of a bubble - I think users do not have much loyalty and will desert when the next big thing comes along... hopefully it's going to be PokerDIY (for the poker market at least ) I can't believe how primitive MySpace is, and yet it struck it rich...
Myspace is not a bubble. It's like forums. It's a new way of life for some people. You come home and go on myspace, sharing what you did today, showing off pictures, videos, commenting etc... Myspace is not Napster. I would say youtube is more of a bubble.
Are you kidding? Myspace is estimated at 15Billion by some Goldman Sachs exec. Heard on Radio 3 days back.
I think what it really comes down to is that any site is only worth what someone will pay for it. Nobody is going to offer 400 billion for myspace. Myspace revenues about 30 Billion per year. That's not enough to warrant a price of 400 Billion. It is a lot, but not near enough.
So you think that when the next big thing comes along users will be loyal to MySpace? At the heart of the revenue and profits are the number of users. Why would MySpace users be so loyal if something better comes along? And something better always comes along... Don't get me wrong, it will always be huge and worth a lot of money, but this is a fickle game we are in I beleive...
If you have a site with a few visitors sure they wont be loyal, if your myspace with over 100 million accounts and probably more than 50 million active accounts its going to take a LOT to start losing them. Theres been tons of competition for myspace but none of them have even dented there share, myspace keep adding features and improving whatever the next best thing does myspace can also intergrate it.
eh where did you pull your estimates out of? no way any of those are worth that much. I'd say myspace is worth about $800 mil max. Its funny how microsoft just released their version of myspace, do you guys think it will work?
Sure, I understand that, but MySpace didn't take long to grow, and I think that something better has just not come along. When it does I don't see why these same users would not chose the better thing, and the migration could be just as sudden? At the end of the day their business is built on the users and I know for a fact users are fickle (they can afford to be - everything is free). I am just saying that at the end of the day there is something that MySpace can NEVER have again, and that is originality. The next MySpace (whatever form it takes) will have that...
Your users must be more fickle then most. You would be surprised how attached people are to there profiles. Also i visit youtube, google video aswell as other funny video sites. About 4 webmaster forums, 3 affiliate networks etc. Just because one is better then the other i wouldnt just completely ditch the others. Myspace really isnt a fad at all and i doubt google would sign a $900million deal with myspace for search if they thought it was as easy for them to lose there users as you do.