Wednesday, June 20, 2007

I just discovered facebook a month or two ago. Guess what! it's the next big thing. Yahoo has offered 900 million USD, but they refused to budge. They have got a offers from google, microsoft too. Speculators think the company will go public, in which case it would be worth 3.5 to 4 billion dollars!! The deal with facebook is that people who use them are stuck to it more so than other such social networks like My space or orkut. It even has its own toolbar (have not checked this out yet!), which I heard comes in pretty handy. What's the big deal with these networks? I don't understand. How do they make so much money from a simple concept. By the way, the CEO of facebook is 23 a year old harvard drop out.

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