" />

The World is Ending: Mark Zuckerberg is Selling Facebook by 2012

Mark Zuckerberg is selling Facebook

The world is ending: Mark Zuckerberg is selling Facebook

Yes, the world is ending, Facebook which has created and broken more history headlines, blogs, articles, stories, records, data and benchmarks, by the youngest Billionaire is being sold to. Mark said recently that “Facebook is the biggest destroyer of his life” and his wish is to sell it.  Mark Zuckerberg’s net worth in 2011 is 13.5 Billion USD. The self-made 26 year old billionaire wants to call it quits on the Facebook Legacy. My only question is if Facebook is sold, will it turn into a pay site or a highly lucrative ad site? I still don’t understand how Goldman Sachs can look at Facebook as a business valuation of US $50 Billion; but from a business standpoint, “I get it”, stocks, securities and a $1.86 Billion revenue examination? I read the Tech Crunch blog citing that the actual revenues posted for 2010 were lower, but it was hurting the company. I don’t know what the world is going to do when this guy leaves.  The company is climbing though, from $700 Million in 2009 to $1.86 Billion by Dec 31 2010. What I find funny is that most of Facebook’s income didn’t come from big corporate advertisers. If you’re  nerd like me, you read PcMag.com and in a blog post this year in January they contrasted company growth by small and by large companies (*large being coca-cola) (*small being small). I don’t want to drift off topic here, but its all coming to an end. Seriously. in 2009 50% of Facebook’s earning came from smaller marketers (*by small I mean companies or people who didn’t use an ad agency). Accounting for 1/2 of the companies ad sales; in 2010 $1.12 Billion (*60%) came from smaller company advertisers. I’m also assuming at this point that since most smaller affiliate based companies were “cut-off” from Google (*or Google Slapped), they shifted gears and started to market $500/d on Facebook ads. Ironically (*at least to me) Google is the 5th ranked advertiser on Facebook. LOL. I think its ironic considering that there’s a rivalry force (*ref. Michael Porter)  in the industry among them. Do you remember when Google blocked users from importing contacts into Facebook from Gmail? Facebook in return removed all tags, content relating to the Google contact import from the “Find your friends” feature (*totally off topic here). You don’t just shut down a multi-billion dollar company without recourse. I think people have taken this March madness issue too strongly.

From a multi-disciplinary  point of  view, there is no way Facebook is going to shut down. If it did, it probably would be the end of the world (*ref. Mayan Calendar); and then someone would fill the void. I did manage to find this false truth (*quote) from Zuckerberg making the accusations seem more serious “I don’t care about the money, I just want my old life back”. Mark can do whatever he wants, but shutting down a social country (*not happening) – negatory.

Silly little rumor. Think about this. Would Facebook decide to shut down the firm after receiving $450 million from Goldman Sachs and $50 Million from Russian firm Digital Sky Tech on a valuation of $50 Billion (*I wonder, is social media getting better spreading UFO stories or are people on the Internet getting surprisingly dumber).

Comments
One Response to “The World is Ending: Mark Zuckerberg is Selling Facebook by 2012”
  1. Sabrina says:

    This is such a FAKE rumor. Facebook themself said that it wont close down, Okay? -__-

Leave A Comment