Friday, February 21, 2014

Your Facebook Worth: $100

Schonberger, Cukier, Big Data 

Doug Laney, vice president of research at Gartner, a market research firm, crunched the numbers during the period before the initial public offering (IPO) and reckoned that Facebook had collected 2.1 trillion  pieces of “monetizable content” between 2009 and 2011, such as “likes,” posted material, and comments. Compared against its IPO valuation, this means that each item, considered as a discrete data point, had a value of about five cents.  Another way of looking at it is that every Facebook user was worth around $100, since users are the source of the information that Facebook collects.


So can FB users get some of that money? 19 Bil is being thrown around can a brother get some? I do make money from Google. With Facebook you dont get shit.


Link Yeltsin was deeply unpopular at that time in Russia, polling no more than 8% and widely blamed for the rise of the gangster oligarch...