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.
And here’s my more personal reason for thinking Facebook will be worth $100 billion:
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.