{"id":1556,"date":"2007-07-13T11:48:09","date_gmt":"2007-07-13T15:48:09","guid":{"rendered":"http:\/\/www.mathewingram.com\/work\/2007\/07\/13\/facebook-is-worth-fill-in-the-blank\/"},"modified":"2007-07-13T11:48:09","modified_gmt":"2007-07-13T15:48:09","slug":"facebook-is-worth-fill-in-the-blank","status":"publish","type":"post","link":"https:\/\/mathewingram.com\/work\/2007\/07\/13\/facebook-is-worth-fill-in-the-blank\/","title":{"rendered":"Facebook is worth (fill in the blank)"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" class=\"left\" src=\"https:\/\/i0.wp.com\/www.mathewingram.com\/work\/wp-content\/uploads\/cash.jpg?w=525\" alt='cash.jpg' \/>As I mentioned in my recent <a href=\"http:\/\/www.theglobeandmail.com\/servlet\/story\/RTGAM.20070712.wingram12\/BNStory\/Technology\/?query=\">Globe and Mail column<\/a> on the Facebook IPO rumours, I don&#8217;t think there has been so much frenzy around a tech startup and its valuation since the Google days, although the debate over YouTube&#8217;s value (thanks in large part to the always game Mark Cuban) runs a close second. We now have valuations that run anywhere from a mind-boggling <a href=\"http:\/\/mediabiz.blogs.cnnmoney.com\/2007\/07\/12\/10-billion-for-facebook\/?source=yahoo_quote\">$10-billion<\/a> &#8212; and this is for a company with annual revenue of about $100-million, at last estimate &#8212; all the way to <a href=\"http:\/\/www.247wallst.com\/2007\/07\/why-facebook-is.html\">zero<\/a>. The big debate lately has been whether Facebook&#8217;s poor performance on the <a href=\"http:\/\/blogs.barrons.com\/techtraderdaily\/2007\/07\/13\/facebook-backlash-what-if-they-cant-sell-any-ads\/\">advertising front<\/a> makes it worth less (or worthless), or whether it just means that advertising isn&#8217;t the route to profit for a social network, as my friend Scott Karp of Publishing 2.0 <a href=\"http:\/\/publishing2.com\/2007\/07\/12\/facebook-monetization-lessons-from-google\/\">describes here<\/a>. I, for one, hope that Facebook does do an IPO so that we can let the market decide what the company is worth. Sergey Brin says he&#8217;d be happy to talk to Facebook but <a href=\"http:\/\/blogs.reuters.com\/2007\/07\/12\/googles-brin-on-yahoo-facebook\/\">isn&#8217;t planning to buy it<\/a>, and thinks it is building a great company on its own.<\/p>\n<div class=\"syndication-links\"><\/div>","protected":false},"excerpt":{"rendered":"<p>As I mentioned in my recent Globe and Mail column on the Facebook IPO rumours, I don&#8217;t think there has been so much frenzy around a tech startup and its valuation since the Google days, although the debate over YouTube&#8217;s value (thanks in large part to the always game Mark Cuban) runs a close second. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mathewingram.com\/work\/2007\/07\/13\/facebook-is-worth-fill-in-the-blank\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Facebook is worth (fill in the blank)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crsspst_to_mathewingramblogwordpresscom":false,"mf2_syndication":[],"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1556","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/1556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/comments?post=1556"}],"version-history":[{"count":0,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/1556\/revisions"}],"wp:attachment":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/media?parent=1556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/categories?post=1556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/tags?post=1556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}