Whether you want to say, social networking is fun or business, I guess a company worth over a billion dollars is no more a child’s place.
Facebook is the world largest social networking site with over 400 million users worldwide. Oh! 400 M, yeah! 400million eyeballs you can market to!
An analysis from sharespost.com release worth of the following companies on its website to help people willing to invest in private companies know their worth.
- Facebook: $11.5 billion
- Zynga: $2.6 billion (A gaming company based on Facebook platform)
- Twitter: $1.4 billion
- LinkedIn: $1.3 billion
- Linden Labs (Second Life): $383 million
Facebook is estimated to earn over a billion dollar in revenue this year, with over $700million predicted last year and recently reported that it has turned cash-flow positive; this year will surely be its year.
Look at the estimate closely and you can deduct somehow funny stuff;
Facebook is worth almost 10 times of twitter, Zynga (Facebook Gaming Company) is worth almost 2 times of twitter. Twitter is yet to figure out an effective way to make money other than its recent license to search engines to search its real-time tweets.