New Math - what if your site worth compared to Facebook?

I better multiplier is 13-15, where Apple and Google sit. Thats why any investment in Facebook right now isa fool and their money being parted.
 
Bono made $1.5 billion on the IPO making him the richest musician on the planet...surpassing Paul McCartney.
 
Jake Bunce said:
Facebook's business model makes me uncomfortable. There is no real product being sold. ...
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Oh, they have a product, just not being sold to you.

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John said:
Bono made $1.5 billion on the IPO making him the richest musician on the planet...surpassing Paul McCartney.
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The investment group that Bono is part of made the $1.5 billion; his personal share was actually only around $150MM.
 
The first day and the shares are now 8.5% lower then last week. The introduction price of the shares was 100 times the profit the company makes in a year, with Apple 14 times and Google was 19 times.
 
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