Worth

21 September 2006

As you can read on Techcrunch Yahoo! is reportedly in talks to buy Facebook for $1billion.

If anyone still had any doubt we were in a bubble right now, I hope they’re rethinking their position.

Facebook, is in no way at the top of the tree – that obviously falls to MySpace – and is still limited almost exclusively to college students, although they’re now trying to branch out to regions and workplaces (with limited success, from what I hear).

Are they really worth $1billion?

Are Yahoo! (got to love the Web 1.0 left over exclamation point) really going to their $1billion back from Facebook? Even when you take into consideration the gain by them owning Facebook as opposed to a competitor owning it, is that really worth that much.

Only time will tell.

I did, however, love the quotes Techcrunch pulled out from the article regarding Facebook’s CEO Mark Zuckerberg, who’s refusing to come to work early and on weekends for the talks with Yahoo.

Well done him – most people these days seem to forget the whole concept of “work to live”, as opposed to the ever-popular “live to work”.

From: Articles

21 September 2006