Facebook ad sales worldwide grew 104% in 2011 but are expected to climb just 52% to $5.8 billion this year and only 21% to $7 billion next year, according to eMarket.
Current profits less than $1 billion
Current Revenues $3.7 billion – $500 million directly from Zynga who runs some games that can be ported to any other platform ( estimates are that the numbers are more due to ads round the games)
Current Valuation $100 billion
Google Plus now a strategic product for Google and growing massively
So a business that is slowing it’s growth and now has a big competitor is valued on a 100/1 ratio
Looks like herd mentallity for investing will be back
Popularity: 2% [?]