It has been reported by Goldman Sachs that $50 billion is the total Facebook worth, which is a staggering figure. Almost everyone has their pointers near the Facebook login button at some point of the day. The popularity of this social networking website is undeniable. Ever since it came into existence, it has completely wooed people all over the world with its simplicity and efficiency. No other social networking site has ever been as addictive and appealing to people. But still, is the Facebook worth of $50 billion really true? Some points are discussed below.
To determine whether the Facebook worth is likely to be 50 billion dollars, one has to go through several points. Today, there are three main websites online that have been undeniably the most viewed and used websites in recent times. They are Google, Yahoo and Facebook. Out all these three, Facebook is the fastest growing one, not to mention that people are spending more time on Facebook than any other website. In 2010, Facebook made about $2 billion in revenue.
Now by comparing where Google was during its early stages, one will be able to get an idea of the real Facebook Worth. Almost a year after Google went public; it had made about $2 billion in revenue trailing twelve months. Today, it has a $200 billion market capitalization. Market capitalization is the measurement to denote the total value of the company in the stock exchange. So if Facebook goes public next year one can see that Facebook is actually growing faster than the rate at which Google was moving along before.
Another point that reinforces the value of Facebook worth is the mere fact that one in every four page views made in the United States is Facebook. Slowly Facebook is becoming the new home page. People all over the world press the Facebook login button and stay immersed in it every single day. Even though Google is the current king of the search ad market, Facebook is slowly inching in towards capturing the display ad market. Apart from the ad market scenario, Facebook has other sources of revenue too.
The fact that there are almost 500 million users can ensure that Facebook Worth is just and very possibly accurate in being valued at $50 billion. Even though it may problems in certain countries like China , it stands strong and proud. With more and more people getting into the social networking site, it is very much possible that the Facebook worth will rival Google in the future.
The fate of Facebook in China it seems isn’t that great. While it may be one of the most popular social networking websites out there today, Facebook in China is actually banned. If you haven’t heard about this website yet, Facebook is a social networking site that enables one user to connect with another user over mountains and oceans. It is quite convenient as it provides easy access to one’s friends and family no matter what the distance is. The only thing required is an internet connection and a Facebook account on the other side as well.
A lot of theories have cropped up to explain the banning of Facebook in China. Some believe that the Government is dictatorial and doesn’t want its citizens to access any information from the outside world through social networking sites like YouTube, Twitter and Facebook in China. They believe that since the Chinese government already regulates web content there preventing the free flow of information, they are trying to enforce their views on the people and stopping them from finding the truth.
But like most conspiracy theories, the notion that the banning of Facebook in China was some sort of a grand master plan to prevent the freedom of information is completely absurd. One cannot deny the fact that the Chinese Government has certain strict guidelines to judge whether a particular information is sensitive or not and ban it on such grounds. But the main reason for the banning of Facebook in China was something else entirely.
More than 140 people were killed and more than 828 people were injured during a riot that took place in the Xinjiang province in China on July 5th of 2009. More than a thousand members of the Muslim ethnic minority were performing a peaceful protest. Soon the peaceful protest escalated into a full blown riot where many were injured and killed. Banning Facebook in China was only a small part of the plan to stop such protests from getting organized through mediums like social networking sites.
Many websites like Facebook were banned at first near the region of the riots but soon all the access to Facebook in China was stopped. This protest along with many others were said to be organized through sites like Facebook. Therefore the real reason for banning Facebook in China was to block the flow of information between the rioters and the organizers of the riot.
Do feel free to write down your comments below to share your own views about the ban 🙂
“Facebook sucks” is one of the favorite declarations made by many people who just believe that the entire site is just for show and doesn’t have any real content to provide. There are many who consider themselves to be great intellectuals who are too intelligent to use such a commercial social networking website. Below a few of the reasons will be discussed along with a few real problems of Facebook.
Many believe that Facebook sucks because it is a juvenile attempt to glamorize the social connectivity fad that is going on these days. These people believe that not only does it look juvenile but it is also very unprofessional for business reasons despite many using it as one. Some think that Facebook sucks for the sole reason that many people are using it to just show off their friends list and not really interested in making new friends. Hence they believe Facebook to be a fake tool for insecure people.
Many say that Facebook sucks due to the lack of privacy offered by the social networking site. In Facebook any information you put in your profile belongs to Facebook. Since this information can be read by anyone on the site, many see it as a serious breach in their privacy. There is also the problem of Facebook being used by employees during their working hours. It has been found that an employee spends about 12 days a year on Facebook alone during working days.
One of the reasons why Facebook sucks is that there way too many apps that tend to get cluttered on your page. Some apps are simply moronic to the point it makes ignorance look like a wise concept. The administrators are also known to sometimes randomly delete certain profiles without checking for any credible reasons. Anyone who has a grudge against you can report your profile and can get it removed which is another reason why Facebook sucks.
A survey was done recently that showed that many believe that Facebook sucks contrary to popular thought. The survey was about the satisfaction of people on various websites and businesses. Over 70,000 people took part in the survey and Facebook was at the end of the list. More people liked the IRS website than Facebook. The constantly changing privacy policies, irritating apps, misc notifications and the ever changing interface revamps were some of the reasons given by many when asked about the reason why they thought Facebook sucks.