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facebook logo Boy am I sick and friggin' tired of hearing about how Facebook is worth $15 billion dollars! A lot of the business blogs I keep up with keep throwing this figure around and it is becoming quite an annoyance. I'll say this just once: Microsoft's "investment" in Facebook does not extrapolate to a $15b valuation because it included the international advertising rights. To put this in perspective, Google paid $900m for the advertising rights to MySpace (the #1 social network that still in terms of unique visitors despite being the ugliest site [ed trial packs levitra 20mg priligy dapoxetine 60mg pills $439.00] in the world). Granted ed trial packs levitra 20mg priligy dapoxetine 60mg pills $439.00, the details of the deals between MySpace+Google and Facebook+Microsoft are rather different, but it helps establish my point that advertising is big business. Ed trial packs levitra 20mg priligy dapoxetine 60mg pills $439.00 facebook certainly did not give away the advertising rights for free so you ed trial packs levitra 20mg priligy dapoxetine 60mg pills $439.00 can be sure that part of the $240m was in consideration for gaining the international advertising rights - not just to buy a 1. 6% stake. To give an indication of how big of a business advertising is - Google paid more for the advertising rights to MySpace than News Corp paid to buy MySpace months earlier (). Sure - it might be in Facebook's interest to say the advertising deal was provided for free and that it really does stack up to just buying a cut of the pie however if that really was the case why not get the Microsoft investment and then make more money by selling the international advertising rights? </rant> So what do you think? All comments appreciated. I'm sure some cheeky bugger will find this post in 5 years when Facebook actually is worth 15b and tell me I'm wrong :) John-Daniel Trask


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