Morning Reading: 9/28/06

Henry Blodget says that MySpace could be worth $15 billion (yes, that’s a b) in a few years.  He bases his argument on the current value of Yahoo.  He also says it could be worth less than Newscorp paid for it ($600 million).  While I’m not sure Henry did much other than set out the vast range of possibilities, he ended with a sentence I very much agree with: “One big search deal–and an obsession with music-related content–will not a $15 billion company make.”

In related news, Forevergeek debunks the myth of 100 million users.

Zingu: fun with photos.

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This entry was written by Kent and posted on September 28, 2006 at 2:28 pm and filed under Tech. Bookmark the permalink. Follow any comments here with the RSS feed for this post.
  • I'm wondering what will happen to the value of Myspace when the number of accounts exceeds the number of people on the planet.

    We'll probably assume that aliens are into our social media and the advertising dollars will really pour in to reach this new expanding market.

  • In the next few years, Rmail [http://www.r-mail.org] will be worth between $0 and $15 billion too!
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