Silver Addict wrote:They said on Fox today that it will create 1000 millionaires, and maybe save CA
Actually, its the news of the town everywhere here. The real thing is it would take 3-4months to list and another 6months for the peasants to exercise their stock options, we are talking about almost end of the year. If FB can sustain their advertisement, $100B is not too far out of valuation. Its got 800million users whose data it can sell, information is not cheap
For the rest of us, Facebook's impact on the state's budget, which has a projected $9.2 billion revenue gap through mid-2013, may be the broadest example of the Zuckerberg dividend.
State officials recently declared they will need to adjust revenue projections upward for the 2012-13 fiscal year because of "the Facebook Effect."