Making sense of Facebook’s $50bn valuation

Goldman Sach’s investment in Facebook has received an amazing amount of press coverage. Extrapolating that investment gives a $50bn valuation, something that has got the media worked up into quite a frenzy. It’s a big number, but lots of internet companies have pretty amazing valuations.

Source: TheNextWeb

And when it comes to big numbers, 50,000,000,000 isn’t Facebook’s most impressive. Today information is power, and Facebook’s ‘social graph’ is truly staggering.

Statistic /second /minute /hour /day
New websites integrated 0 7 417 10,000
New users added 8 486 29,167 700,000
Applications installed 231 13,889 833,333 20,000,000
Links shared 833 50,000 3,000,000 72,000,000
Minutes spent (mobile) 837 50,228 3,013,698 72,328,767
Photos tagged 1,103 66,150 3,969,000 95,256,000
Event invites sent 1,237 74,200 4,452,000 106,848,000
Wall posts made 1,323 79,350 4,761,000 114,264,000
Status updates added 1,543 92,550 5,553,000 133,272,000
Friend requests accepted 1,643 98,600 5,916,000 141,984,000
Users log in 2,025 121,528 7291667 175,000,000
Photos uploaded 2,263 135,800 8,148,000 195,552,000
Messages sent 3,860 231,600 13,896,000 333,504,000
Likes received 6,381 382,850 22,971,000 551,304,000
Comments left 8,507 510,400 30,624,000 734,976,000
Minutes spent (total) 266,362 15,981,735 958,904,125 23,013,699,000

So is Facebook worth $50bn? That you’ll have to decide for yourself or wait and see, but I’m sure that you won’t need reminding that back in 2005 the usually savvy (and always well-informed) media tycoon Rupert Murdoch spent $580m on myspace which at the time was the market leader in the nascent field of social networking.

Sources include Facebook and the BBC.