Perhaps there is something to this whole Facebook thing. Sitting in the coffee shop in my sleepy little berg in the Midwest (we get everything last here) mid-day on a Friday. 5 laptops. 4 have Facebook on their screens.
It’s a valley lunchtime game amongst many: what’s the price that Facebook will be picked up for (rumors have been that they were offered about $1.5B a couple years ago and turned it down). There are those that argue > $5B, I’ve never been able to believe it. However, if the damn thing has this much market penetration and the average visit length that they claim (something like 30 minutes a day is what I’ve heard), who knows.
Advertisement
