Is Facebook really worth $100 billion?

Facebook over the last few years has abused it's trust in alot of members. I used to frequent the site and enjoyed the features it had, but as more and more came it meant more and more information that i willingly put up was being shared with more people. Most of it is through your own consent, but not too long ago i disovered that the profile option allowing me to hide my information to people i don't permit seemed to cancel and as a result my information was available to the average joe that views my profile.

I removed anything that i once thought might be worth sharing the approved contacts and now have a basic profile. I would completely remove it if it wasn't for the fact that the online games can be quite good for socialising with people online. I also keep in touch with friends and family overseas as well, but i know that i could easily do that via email and probably enjoy it more. It's only a matter of time for me to eventually remove my profile.

The drop in share price has slowed down now, but it is still currently $12 less than what it was when it was originally listed a few weeks ago. Anyone hoping for an early quick financial income from Facebook will have to wait quite a bit longer. It is steady at around $26 now.

Sorry but thats not what FB says:

If you choose to share with one of your default lists (Close Friends, Acquaintances, Restricted) or a custom list, the people on that list will be able to see the other people included on that list; however, they won’t be able to see the name of that list.

If you choose to share with one of your smart lists, the people on that list will only be able to see the name of the list.


So either way you can't win... people will know you've restricted your postings and then someone will get pissy because you put them in the Acquaintances list and they think you are Friends. Or worse, your boss knows he's in the Restricted profile

I think it's just dumb.

I think Facebook can be good for many reasons.
One reason is to use it to help in advertising
and also to keep up with family that live far
away.

Yeah, I think it's really worth 100 billion. Think about it's continuous growth only...

I thought i'd check and see what price it was sitting at now. It's no surprise that since it's original $1 billion price it is worth approx $40 billion.

The company was mis-sold to investers. I'd be fuming if i had bought in at $40 when it first listed... not that i would have.

I think that it easily can due to ads but it lost any uniqueness for me and I am really tired of it.

Adverts are worthless without people. They still have the people, but many are walking away.