Consider Facebook, the popular but financially unproven social network, which is reportedly being valued by investors at up to $15 billion. That is nearly half the value of Yahoo, a company with 38 times the number of employees and, based on estimates of Facebook’s income, 32 times the revenue.

-New York Times (2007)

Facebook即將上市,MG Siegler – Techcrunch Blogger兼CrunchFund創辦人之一,將07年NYT的報導翻出來,恥笑。

或者係NYT記者黑仔,揀了Yahoo!同Facebook比較,以Yahoo!的業績,反證Facebook被高估,試圖說明,泡沬再次於矽谷出現。

相信NYT記者當日無法相像,時至今日,Yahoo!市值已不足190億,至於Facebook,亦將以逾千億市值IPO。

過去幾年,世界變得好快。

重點是,即使到今日,NYT記者的論點 “Facebook is financially unproven”,其實依然成立。

Silicon Valley’s math is getting fuzzy again (parislemon)

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