Facebook’s outrageous $6B price tag
facebook, google, microsoft | (0)
John Battelle asks what would justify a $6B acquisition price for Facebook, 200 times current estimated earnings of $30 million a year.
It got me thinking. After all, in 2002, tons of folks were asking the same question. Why Google, why now, when there were dozens of other search engines out there?
Last time, there was an easy answer: PageRank.
Is there an easy answer this time?
I don't see one. Do you?
I think Facebook is clearly trying to get into the identity game. They are now farming out their R&D to developers via their platform while focusing on their core business of ...