Author Topic: Facebook now valued at $50 billion (Read 837 times)

Elano · « **on:** February 04, 2011, 01:25:42 AM »

Facebook is now worth $50 billion to Goldman Sachs, thanks to a new deal in which the Wall Street megafirm and Russia's Digital Sky Technologies invested $500 million in the social networking site, placing its valuation at $50 billion. Billion! The mind reels. That still puts it behind Google ($190 billion) and Amazon ($83 billion), but it's ahead of eBay and Yahoo. And it's about 20 times more than AOL.

Triple OG Rapsodie · « **Reply #1 on:** February 04, 2011, 02:49:58 PM »

cool story elano

LooN3y · « **Reply #2 on:** February 04, 2011, 03:57:39 PM »

i gess thats the worth of everybodys personal information and pictures on fb.

Javier · « **Reply #3 on:** February 04, 2011, 05:06:02 PM »

Google vs Facebook

Elano · « **Reply #4 on:** February 05, 2011, 12:52:53 AM »

Quote from: THE RAPTURE on February 04, 2011, 02:49:58 PM

cool story elano

stupid reply asshole

LooN3y · « **Reply #5 on:** February 08, 2011, 03:01:00 PM »

every law enforcement agency/department local, state, and federal had administrator accounts on FB.

from a recent incident, man the cops knew everything, from our facebooks and from tailing us. they read every facebook posts, they knew the places we went to from the pictures we took (our favorite bars, resturants, etc etc)

its pretty funny, cuz my friend had no alibi and a facebook post at the time of the certain incident (because if he made a facebook post that wasnt from a mobile fone, it proved he wasnt at the incident at the time it took place) would of cleared him.

so yea, if ur in some legal trouble just watch out for fb. it can either help or hurt you.