$1 Billion for Facebook.com
By angela018
@angela018 (143)
Philippines
January 17, 2010 4:07am CST
The Social network gold rush continues. Lat year, MySpace was acquired by news corp. for $580 million in cash. now, the other big social-networking sites are the subjects or rumors, deals, and transactions. Yahoo was interested in acquiring Facebook for $1 billion, but the company's youthful founder are holding out for more. Warner music earlier this month cut a revenue sharing deal with youtube. in August, google and MySpace struck a $900 million agreement for google to sell adds on myspace.
what an very costing expensive websites.. what do u think? what can you say about it?
4 responses
@lipstick2009 (1236)
• Philippines
18 Jan 10
These social networking sites are really making big money and we dont get anything by being one of their faithful members.Sigh..
Well i have come to an awakening stage where i need to earn for a change while being online.Hard times now and electricity is not free , so is internet.
Im glad that i was exposed to sites where u can earn online.
@shivamkapila (764)
• India
18 Jan 10
yeah even i created my account on facebook last week and i saw almost from around the world people are using facebook
@LouieWpHs04 (4555)
• United States
17 Jan 10
I dunno, i'm personally thinking Facebook/Myspace/etc. are more of a fad. In about 2-3 years they will probably be pretty desolate. I mean. Heck. I remember Xanga which most people don't even recall and I remember that being immensely popular. Heck, I don't know if it's just me but Myspace seems to be dying as well. In a social networking type of site like Facebook, I would give it a year or so more then sell it off to someone as I would be better off. But yeah, $1 billion. Heck. I would be glad to get rid of it(or at least most of it. I would still want to keep some kind of % of ownership in it to collect up a good bit of money still!), relax for a bit, and then me personally would go attempt to launch some new kind of venture.. and $1billion to do so is a pretty endless source of income, lol. 
@rajhussain (69)
• India
17 Jan 10
they earnthis much because of us who uses facebook or this sites and because of the people who create some free app in facebook they get nothing but the company get to much of money its because of us so we make that money
