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So what's the update?

So what's the update on this? How is Penthouse doing now with buying adultfriendfinder?

I wouldn't consider them a sexy social network either. There are places like zivity that are that or my favorite http://myhi.com

posted by : Margerine, 22 April 2009 Complain about this comment
The Greatest

I always enjoy my time spent on the INQ, but the subtitle on this story is the greatest I have ever read! Absolutely wonderful! Im still laughing.

posted by : F-bomb, 14 December 2007 Complain about this comment
Or maybe

Or maybe Facebook is only worth $247 million?

Or maybe Face book has $14,753,000,000 in assets separate from it's users?

Math is fun.

posted by : ANALyst, 12 December 2007 Complain about this comment
Deal valuation

When business' buy other business', the acquiring firm values the acquired on the ability to create more money through sales, et cetera. Certainly only a business about to go out of business is worth only what its inventory and bank accounts show. Likewise, Facebook and apparently AdultFriendFinder (AFF) are valued in these deals on their ability to create more customers and generate wealth above and beyond what they currently generate. Otherwise nobody would buy them, business' would just buy Treasury notes or bonds or little tropical islands or government officials.

posted by : Efyl, 12 December 2007 Complain about this comment
YingJian

May be I'm being an idiot, but 19 million users at $13 each doesn't come up to $15 billion total. If Facebook is worth $15 billion, then it must have 19 million users each worth $789, or 1.15 billion users each worth 13$.

posted by : Xiong Zhao, 12 December 2007 Complain about this comment

Penthouse buys up sexy social network

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