News Corporation

The Social Cloud: Facebook IPO –  Is This MySpace 2.0? History repeating: 2000 Bubble, Myspace, 2012 Facebook IPO, NBT (Next Big Thing…)  Investors are expected to sink $5 billion into the Facebook IPO. Wow. Well, from a pure spreadsheet perspective it makes some sense. If you take the 800 million Facebook users multiplied by a value of $6.25 per user, that equates to a $5 billion initial public offering. Being the most visited site on the Internet, with more stickiness than anybody else could even plan for, let alone credibly lie to anybody about, this makes some sense. Or does it?

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