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Showing posts from 2012

The facebook singularity at $1,000,000,000,000

The entry below is just a 'blogification' of comments I made on this article: From the article: "My internet guru just sent me the arithmetic that shows without any doubt that Facebook  can’t be worth $75 billion in market cap– much less $100 billion. At that crazy valuation, it might be the short of 2012." There follows after that quote an argument, indeed using arithmetic, that is childish in its simplicity. Here is my response to that article: Facebook is worth *more* than $75 billion and if I could purchase the whole shooting match and had the $75 billion I would put it down in a heartbeat. Your Internet guru sent you arithmetic. Sometimes, it *is* just a simple matter of arithmetic. Sadly, this is not one of those times. This is a question of mathematics. Facebook has gone well beyond the critical mass necessary to be virtually impos