Comment Re:Troubling signal, why? (Score 1) 471
I hadn't spotted that polar red had used the IPO amount rather than the full "value" of Facebook. I agree that Facebook users are not worth anything like the amounts quoted, though.
One thing we're ignoring is that present-day Facebook has offices and datacentres worldwide to handle their 800m users, and those would have an intrinsic value of their own. Even so, I can't see Facebook assets coming to significantly more than $1bn, never mind $10bn+.