Marketing Pilgrim

CNET has a Wall Street analyst predicting social networking site MySpace could be worth $15 billion within 3 years.

Rohan said MySpace could demonstrate a value of between $10 billion and $20 billion within a few years. Acknowledging he was making an “audacious claim” he justified the forecast on the basis of MySpace’s “raw, unprecedented user/usage growth.”

Hat’s off to Rupert Murdoch - not a bad ROI for a $580 million acquisition.

** Join Andy Beal, Om Malik, Biz Stone, Dave Taylor & other experts for 2-days of hands-on social media training. Save $250 with code "FOA" **