In the real world things happen in a simple way. You need to pay and get something. So that you can pay, you must earn some money. In an equally simple way. In this equation I do not see where shall be the place of Facebook. The same equation when investing in stocks Facebook 1000 USD I expect in a year to gain about 10-15%. Maybe 20%. But Facebook does not produce anything. Just help me to waste the time. Facebook is a way of looking at the keyhole. I understand than the role of celebrities who use Facebook is to stay in touch with fans.
Why Facebook IPO was a fiasco. Because future shareholders are not in line to buy shares which will lose value. The loses are already at almost 10%. For these actions that have no real value. When Facebook will bring some value services for users, shares will have continuous solid base.
There are currently 900 million users. Also MySpace has had many users and lost the battle with time and technological advances. If tomorrow, comes some news that disparages Facebook with or without reason, these people will not produce the same turnover, and shareholders will be disappointed.
All of the rumors around Facebook’s IPO will have some investors taking a very close look at the company books and thinking more than twice about what its stock is really worth.