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by rmATinnovafy 5120 days ago
Could somebody tell me what is Facebook's intrinsic value?
2 comments

Several hundred million people are willing to invest a portion of their finite time every day visiting and interacting with content only available via Facebook. Winning people's attention is a zero sum game (if you gain it your competitors lose it) and attention is a scarce resource. The strong network effects of having all your friends in one place makes facebook's position very defensible. All that adds up to high intrinsic value.
The sum of all its future earning discounted to reflect how far off in the future they are.