#10: Placing a Value on Social Media
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?
