Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×

Comment: Still unknown value (Score 1) 228

by crachel (#34757812) Attached to: Goldman Invests $450m In Facebook
If I pay $250,000 for 1% of an offshore well, that does not value the well at $25,000,000. In fact, my 1% is completely worthless if oil/gas is not struck. Same goes for Facebook, the userbase is the oil. Until they are traded on an OPEN market, the value is still anybody's guess, no matter what Goldman or Microsoft or whoever offers. What Facebook amounts to is a very large "pile of eyes", and as has already been proven on the internet, those piles can dissipate very quickly. The CEO is supposedly worth more than the companies all time cumulative revenue. As long as the #1 search term is "facebook" and the #2 is "facebook login", Google doesn't have to compete with Facebook as they are already the layer around it.

Q: How many IBM CPU's does it take to execute a job? A: Four; three to hold it down, and one to rip its head off.

Working...