Is Anything Worth This Much Money?


By now, you've no doubt heard about Facebook's IPO (intial public offering, or in lay parlance, going public.)

How big is this thing going to be? Well, put it this way: way back in the dim dark past of 2005, an artist was commissioned to paint a mural for the company headquarters.

Since Facebook hadn't even really become a national phenomenon beyond college campuses yet, CEO Mark Zuckerberg offered the artist, local graffititian David Choe, the ludicrous option of stock options instead of cash. Two-tenths of one percent of the available shares.

Those options could be worth $200 million at execution, meaning the company could be valued as high as $100 billion dollars.

$100 billion dollars. For a company that produces nothing, and merely provides a place where you, the user can upload your creativity.

Where our share, Mark?


Actor 212 February 3, 2012 - 4:12pm

You are the product! That is your share. Your comments and pictures, ironically, your intellectual property that you gave away for free, are what is being sold.

You don't get a share.

Remember, piracy is bad.

Rich_Lather February 3, 2012 - 10:47pm

And if I could give more, I would.

Maybe we could hack FarmVille and introduce migrant workers?

Actor 212 February 4, 2012 - 3:05pm

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