Facebook shares go public with $104B valuation

[justinian]

kowenicki said:

superchunk said:
I greatly prefer Google+. I wish there was an easy way to get everyone to move over.

It allows you to manage your social life FAR better than FB and if you have an Android phone, you can make its content sooo much more seamless. Additionally, the default privacy is far better and much easier to setup/understand.

However, I can definitely see why FB is valued as it is and it will take a lot for anything else to really replace it.

these sites ONLY have value due to their advertising capability.  Without advertising they are worthless.  FB has a challenge to prove the advertising streams can work and continue to work.

 

Well it seems the stock market think that advertising streams do work and will continue to work where Facebook is concerned. Why else would they put that value on it?

Then again no one is perfect so you may well have a point. I am no expert but listening to the "expert" views on the radio and TV they are just about as divided about it eventually proving to be a flop or a success as anyone else.

Ultimately time will tell one way or the other, so I'll let that be the judge of it. Unfortunately I have no shares in it so it doesn't matter.