According to this article, “Facebook is expecting to earn a profit of $30 million on $150 million in sales this year. So if it were a publicly traded company, it would be valued at a whopping 500 times earnings. Google, no slouch when it comes to market value, is currently trading at about 53 times earnings.”
Microsoft has taken a 240 million USD stake in Facebook. I wonder if this means that when I use Facebook during office hours it still means I’m working.