Myspace worth $400 billion?

YouTube was sold for $1.65 Billion. This was not a transaction of dollars, it was of stock, not to say that dollars are nto equivalent this was done to avoid paying as much taxes.

Myspace perhaps $10 Billion, but definately not $400 Billion.

 

Yeah, that is exactly what I had in mind!

How much do you guys think google is worth?

 

$60-100 billion

But I wouldnt pay over 59 billion + a twinkie..

 

omg these ppl...myspace is worth max max max 5 billion usd just because they have a big user base, but only cuz of that.

 

Agreed, Myspace is NOT worth $400 billion you got to be mad to say that

 

they may be that big , if they diversify business , and use funds to grow . any company who is very agressive and willing to increase shareholder's money is my first choice ... for example see google , they keep launching new thing every week or month . is my space working hard like that too ? if myspace want to reach to 400 billion , simply first of all use 50% cash /stocks and diversify business in auction , also come and launch affiliate network,search engine etc .... if they will do sure they may cross 400 billion ..because competition is increasing day by day so donot think only a website could have so much market capitlisation .....

however i dont have there stocks who cares where there valuation goes ... however one thing i should asssure you guys is that my suggestion is worth 5000 billions if any company willing to practically impletement it ..

in simple words " donot say we have $$$ billion cash reserves , use that money , spend that money to grow "

 

Something is only worth what someone is willing to pay. YouTube went for $1.3B, therefore that is what it is worth.

 

It would take $130 billion to buy the entire company.

 

youtube sold for 1.68 billion

 

So true. Last car I bought the offer I made the sales manager just laughed. I took him outside it was the end of the month. I pointed out all the excess inventory and the salespeople smoking cigs and practicing thier golf swing behind the shop. I asked him rather seriously if sales have been so dismal and reminded him that He would need to close my offer before 5pm as I had another offer in the works (Which he did call and verify, he thought I was pulling his leg. ) that needed to be closed by 6 and I was done negotiating. Needless to say it was one of those fine moments; I made a steal that day.

So on the backend it is only worth what someone is willing to let it go for.

 

GameTrump, you mean 1.65

 

So gates has about 50% downpayment.

Myspace will have to work hard to stay at their level. $580 million a year ago and the competition is stronger now, so I can't see it being worth much more than $1 billion.

Here is the Alexa rankings for both Myspace and YouTube.
http://www.alexa.com/data/details/traffic_details?compare_sites=myspace.com&range=1y&size=medium&y=r&url=www.youtube.com

Tim

 

You're right!

When you said, "These figures may seem vastly exagerated."

 

Those numbers are crazy. Frankly, I think the almost 600 million paid for myspace was the funniest buy in corp america.

 

IMO, Billy the Gates could buy all three without a dent in his pocketbook..