She crunches some numbers and tries to apply Mixi’s valuation formula to giants MySpace and Facebook.
A rough back-of-the-envelope would value MySpaceâ€™s 100 million users at US$1.86 billion and Facebookâ€™s 7.5 million users would be worth $139.5 million. Granted, the Iâ€™m not taking into account the multiplicative network value of additional members, so this is likely undervaluing the value of MySpaceâ€™s and Facebookâ€™s audiences.
$140 million valuation for Facebook? Someone should have given them that figure, before they turned down the rumored $1.4 billion buyout offer from Yahoo!