The web, on this day 10 years ago
Haha, the HN post about Facebook has a very interesting comment which mentions the internet "a decade from now":> It is just a joke that Facebook could be valued at $6 billion. An absolute joke.> FB has 30 million users, and that's not considering potential duplicates.> The number of active users may be even smaller than that, and some people like I only log on once a week or so.> If FB gets sold for $6 billion, that means the new owning company would need to make $500 million a year for 12 years(!) to break even.> Frankly, the Internet will probably be drastically different a decade from now.> FB doesn't even make $50 million a year, who in their right mind thinks that they will all of a sudden make a profit off Facebook by spending that much money?> I swear some of these big companies just like throwing money at things. Yes, the dot-com bubble is here once again.Original comment: https://news.ycombinator.com/item?id=34165