Is Facebook’s $50 billion valuation “God’s work” or more engineering from the organization that brought us the Abacus fiasco?
Goldman Sachs just awarded a $50 billion valuation to Facebook. And in a shrewd branding maneuver, the storied financial behemoth is offering its high-net-worth clients the option to co-invest in the world’s leading social media site.
Before investors jump in with their big boots, however, I encourage them to review this groundbreaking analysis—which I unearthed over at Herding Cats.
Celebrity is taking on a whole new dimension in the Internet era. Blogs, posts and status updates allow our thoughts to hang out in cyberspace forever. I’m not sure we’re capped at 15 minutes anymore. It’s more about how often we get re-tweeted. So with this in mind, I humbly offer the following update to Warhol’s classic: