Do you think Facebook is worth $100B? Has all the money already been made by private investors? –dscotthep
Yes and Yes
In August 2007 I went on CNBC and said Facebook would eventually be worth $100 billion. At the time it was valued at less than a billion.
Everyone was laughing. Joe Kernen was laughing. They kept playing a clip of Jeff Bezos laughing hysterically. As usual, I was a clown and I was in the middle of the circus.
Now, Facebook will go public at $100 billion, give or take.
Is it worth it? i don’t care about the current numbers or financials. Facebook hasn’t even begun to monetize.
Imagine if the entire Internet went public. That’s like Facebook going public. Watch the Super Bowl commercials. I bet more companies will put their Facebook pages than their websites in their ads. Facebook is an organized Internet.
The other part of your question: have all the private investors made all the money? Yes. I would not buy the IPO. I think Facebook is fairly valued wherever they end up IPOing it. Wait at least six months and see where the dust settles.