In 2005, MTV Networks considered buying Facebook for seventy-five million dollars. Yahoo! and Microsoft soon offered much more. Zuckerberg turned them all down.
Sentiment: NEGATIVE
Zuckerberg rejected $2 billion for Facebook and has successfully created a company worth nearly $200 billion.
I don't care if Facebook's valuation goes to one gillion. It can go so high we have to make up numbers. It is still not a bubble because there is still not another Facebook in the pipeline.
As with Google, Facebook was a place that just concentrated a lot of top talent. It's just sort of natural that those people would go on and continue to be successful.
I think it's a problem that we don't have more companies like Facebook. It shouldn't be the only company that's doing this well.
A 2014 study commissioned by Facebook and done by Deloitte suggests that Facebook alone contributes almost $150 billion directly to the global economy, and when you add the peripherals, it nears $227 billion.
Investors can see that Facebook is feeling old and tired and isn't seeming to be that innovative.
Before Google, and long before Facebook, Bezos had realized that the greatest value of an online company lay in the consumer data it collected.
When Facebook acquired Oculus, the game changed immediately. You saw big companies jumping in. You saw people like Google getting fully committed, and then Microsoft came along with HoloLens - there was a lot of stuff that people were doing before, but now the space really ignited.
Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook's value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years.
Facebook's the real deal. Nobody can buy Facebook now. Everybody has taken an angle at it. But Facebook may be the place that organizes everybody's personal information. It's got a very good chance of being that.
No opposing quotes found.