Archive for January, 2011

50 billion reasons why Facebook isn’t worth $50 billion

It seems Facebook, the social network personally endorsed by God, is now worth more than eBay, Yahoo, and Time Warner — all without selling a single share to Joe or Jane Public. The reason: Wall Street uber-bank Goldman Sachs, which just pumped another $450 million in venture capital into Facebook, leading to a valuation estimated [...]

10 stupid social media predictions for 2011

As I write this there are but a few hours left of 2010, which I believe will be remembered as the year Facebook became the dominant force on the InterWebs, supplanting even mighty Google in its reach and depth. What will happen in 2011? Beats me. But that won’t stop me from offering up some [...]