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Computer Usage

#10: Placing a Value on Social Media

Johanna Martinsson's picture

Our Top Ten Blog Posts by Readership in 2011

Orginally published on January 19, 2011

Lately, there has been a great deal of debate about the $500 million investment by financial giant, Goldman Sachs, and a Russian investor in the social networking site Facebook.  Sachs justified their investment by saying the company is worth $50 billion dollars.  Many financial analysts think this high dollar amount is ludicrous and unjustifiable because Facebook has not yet generated a great deal of profit.  However, the question many people are debating, and have been debating for some time, is: what is the true value of social media?