i’m just about to start reading “The Accidental Billionaires” it’s a book that describe how facebook came to be. written by Ben Merzrich
The Accidental billionaires: The Founding of Facebook A Tale of Sex, Money, Genius and Betrayal
The high-energy tale of how two socially awkward Ivy Leaguers, trying to increase their chances with the opposite sex, ended up creating Facebook. read more at NYpost
I’m so use to adding people i meet to my Facebook list or they add me, at the moment i have roughly 233 friends on Facebook, hence i don’t really feel like i need to add more people to my list, so i have started to become more and more critical when ever some one request to be my friend on Facebook.
So at the moment 2 different people have added me on Facebook and i’m not really sure whether to accept the request
did you get your Facebook URL, if not, login to the english versions of Facebook and get it.
I study finance so it ought to be somewhat easy for me to valudate aka. Set a price on the value of the different social networks.
But apparently the are many unknowns factors, like always, the future is unknowns, but when also the income model is unknown it suddenly becomes a really big problem to put a value on a social network.
Users:
The more “users” a network has the more valuable it is, but how different companies define user varies a lot some companies just use the number of registered account and other active users with in a certain time interval.
But also the location of the user matters, the most valuable users are from large rich countries, the most valuable being from the USA as this is the groups that is easiest to sell “target ads” to, hence the values of each facebook’s Danish users, are no near the value of an American users value, even through we are the country in the world with the highest % of the population on facebook, over 34% of the Danish population is on facebook.
Techchrunch have tried to combine all the information we have about the large social networks, together with all the investors information the could find, from that information they made this circle diagram
Check out the full article @ Techcrunch.com
New rule, when ever i update my facebook status is have to write a little comment about it here in my blog.
i don’t think i have to explain this one… i have an exam tomorrow and can find the motivation to study
