I AM STUNNED by the market capitalisation of Facebook and the way I see things, Facebook needs to make a lot more money out of me. Or go pop.
Facebook will get more money from my eyeballs, especially if Mark Zuckenberg's vision to connect everybody on the planet comes to fruition. It's not important that half the planet doesn't have modern electricity or phones. Most of the other three billion people have access to mobile phones where they're going to find Facebook powering their phone books and notification client.
Around a year ago, Marc Andreessen put my value to Facebook at "one or two dollars per user"($1.53 to be precise), which sounded perfectly acceptable to him. Last year, "each of the 845 million active members brought $4.39 in revenue and $1.18 in net income. Even better, based on the $3.9 billion in cash and marketable securities on FB’s balance sheet, each of these users generated a cosy cash input of $1.53 dollars," according to Frederic Filloux of Monday Note.
If the stock market values Facebook at $100 billion, my Facebook subscription is worth $118. I won't have to pay that money but that's what the market thinks my attention and my presence is worth (alongside every other Facebooker too).
Frederic Filloux cranks some other media property numbers for comparison.
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