Oh boy, Here we go again. I remember when people said boo.com was going to be worth millions and looked what happened.
People forget history so fast. I'll go prepare for the burst. :P
Sumner Redstone
· 3 years ago
20 billion ?!? Gimme a break I give myspace 2 yrs before it is crushed by yet another social network. Rupert will rape and pillage the myspace community for every dime he can and users will leave for the next hot thing. Rupert cant control web users like he does his tv networks, just wait and see.
news corp
· 3 years ago
hahahaha thanks but no
David
· 3 years ago
Don't sell yet, eleventy trillion is only the beginning!
Pete Cashmore
· 3 years ago
David,
Good point. I'll hold out for twelvety.
Peter Gold
· 3 years ago
May need a name change to get to twelvety such as Youmash or just Mash or maybe even diggmymash or to get even higher how about diggmymashbook!
Elliott
· 3 years ago
Pete, I'll get you twelvety if you'll take a post-dated check. ;)
mark evans
· 3 years ago
it's dot-com deja vu. what's rohan trying to be, the next henry blodget? what he's doing is just guessing as opposed to doing research based on solid number-crunching. not good, although it does generate lots of publicity.
tyler
· 3 years ago
bubble bubble toil and trouble
Chris Cummings
· 3 years ago
MySpace will be losing serious momentum in 3 years, but there will probably be a new social network worth the billion dollars facebook or myspace once was. It's currently inundated with advertising that people can't stand, or don't pay any attention to. I'm 24, and have used MySpace for atleast 2 years, before any major deals or fortune 500 company ad banners. The messages people receive and the ways even the users have found to market themselves are overwhelmingly annoying, and I think it will eventually drive users to a new up-and-comer with less corporate penetration.
Chris Cummings
· 3 years ago
OR, pretty much what Sumner above said ... my fault.
Steven
· 3 years ago
Does anyone know how much a tv channel like mtv or vh1 is worth? I think mtv even tried to do their own version of myspace but haven't heard much about it.. Anyway the point is these figures are crazy.. how long would it take myspace to make 20 billion?
Rational Beaver
· 3 years ago
At their current rate, about 4000 years.
mwm
· 3 years ago
Well I guess MySpace is indeed going to take over the world.
macacaralho
· 3 years ago
funny! Facebook, youtube or whatever ......... well, at least they're somewhat smart. They spread this kind of information cuz they WOULD LOVE to fish other stupid company like ebay.
cian
· 3 years ago
So how did Rohan arrive at the figure? Apparently he looked up his ass and pulled out a numbers from his rectum.
Andrew Johnson
· 3 years ago
Myspace is really valuable to mainstream brand advertisers. Myspace is borderline worthless for all the niche ad buyers that pump billions in to Google.
Myspace is high risk because on the internet things happen fast. No one cares or visits the popular websites of 1999 (ok, may be Yahoo, eBay, and Amazon.) But Myspace is a trend. They got where they were by riding Friendster's wave and eclipsing it. Someone is going to ride Myspace's wave and eclipse it too. The question is not if but rather when.
As for using the valuation of a hot stock to price a company? Thats just silly.
Well one thing is how much you and I think they are worth and another is what the buyers think. The price has gone up exponentially with the increased hype factor.
Myspace in the 500 millionthhh, Facebook in the 1 billionthhzzhh and then youtube at a staggering 1,6 billiontzhhhhhh.
I hope it continues and I will be one of those guys cashing in by the millions next year.
George Chan
· 3 years ago
Wow, I know that you are probably one really good analyst and all, but you couldn't predict the smashing success that You-Tube has had. You out-right said that there was no way You-Tube could be worth 1.5 billion, and you were right. Becuase Google bought it for let me see............1.65 billion. Isn't that an anomoly...I guess you were wrong all along. So how much is Myspace really worth? To my calculations in three years Myspace will be worth and estimated $ 38 billion or maybe even more. Why you say? Its attempts to launch in the U.K. and China will more than likely be very succesfull. I'm just waiting for when Myspace stocks go public, and i'll be rackeing in the money!
Sleep Tree
· 2 years ago
I think you should check out myspace.com/sleeptree and you will see why it's worth millions.................
BOOM shacka lacka
· 1 year ago
ummmmm yeah myspace i think is worth more than 20 billion because not only does it give people to keep in touch with good friends it also has many members like myself
All Comments
People forget history so fast. I'll go prepare for the burst. :P
I give myspace 2 yrs before it is crushed by yet another social network. Rupert will rape and pillage the myspace community for every dime he can and users will leave for the next hot thing. Rupert cant control web users like he does his tv networks, just wait and see.
Good point. I'll hold out for twelvety.
Facebook, youtube or whatever .........
well, at least they're somewhat smart.
They spread this kind of information cuz they WOULD LOVE to fish other stupid company like ebay.
Myspace is high risk because on the internet things happen fast. No one cares or visits the popular websites of 1999 (ok, may be Yahoo, eBay, and Amazon.) But Myspace is a trend. They got where they were by riding Friendster's wave and eclipsing it. Someone is going to ride Myspace's wave and eclipse it too. The question is not if but rather when.
As for using the valuation of a hot stock to price a company? Thats just silly.
Myspace in the 500 millionthhh, Facebook in the 1 billionthhzzhh and then youtube at a staggering 1,6 billiontzhhhhhh.
I hope it continues and I will be one of those guys cashing in by the millions next year.