Facebook Value!

As most of you know Facebook as been chanced around the block a few times by big Tech Company’s like Yahoo to buy them up. In 2007 Facebook was looking for some private funding and Microsoft bid $15 billion to take a small ownership. I can remember back when Microsoft invested that money and I thought to myself are they nuts. I mean come on; Facebook hasn’t made a dime as of yet and has no real plan in place to sell ads within the site that I know of. So why in the world would Microsoft invest that amount of money? I don’t have an answer to that; maybe someday someone will answer that. Today I even saw an article that because Facebook being so bold over the years has caused their value to drop under $1 billion. Now if that’s true Facebook will wish they sold along time ago. But then again, it’s worth whatever someone is willing to pay for it. The only way to see what Facebooks true value will be is when they become a publicly traded company, if ever. I would also like to add that I think Facebook is the best at what they do. And that’s what make’s them worth more than anyone other same service out there.