This blog is a virtual note pad for the Bristol-Plymouth Regional Technical School Junior CIT students.
Wednesday, May 16, 2012
My Opinion On "Is Facebook Worth $100 Billion?"
I think that it is about time that Facebook become a publicly traded company in the stock markets. So the report talks about 1 in every 8 people being on Facebook and how they would need to get 1 of every 10 dollars made by ads in the world to be worth what they are predicting. I think that they might not be worth as much as $100 billion but they might make it close. While Facebook has only got $3 billion in ads since its creation, the television just in The United States has gotten $68 billion in ads. Facebook is using your friends, likes, age group, gender and more to specifically target certain ads to you. This can be a smart thing to do for them to get more ad holders so targeted people will buy their products. In the end I am not sure it Facebook is quite worth as much as they say, but I think they will do very well in the stock market.
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I think it's creepy how they use your information to target you with ads.
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