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How Is It That MySpace is Only Worth $100M and Twitter is worth $5-7B When They Have Similar Revenue and Traffic

How Is It That MySpace is Only Worth $100M and Twitter is worth $5-7B When They Have Similar Revenue and Traffic

When I heard that News Corp was selling Myspace, I was curious about the price, what with Facebook being valued at $50B (or $75B on SecondMarket) and Twitter at around $5-7B.

I’m surprised that News Corp’s trying to sell MySpace for a relatively cheap price of $100-200M. Most recently, they wanted $100M in stock from Zynga, makers of popular Facebook app Farmville. They were reportedly only willing to offer $50M cash.

 

Wynn Macau debut cashes in on Asia gaming fever

Wynn Macau's strong debut in Hong Kong on Friday shows appetite for gambling stocks is strong despite high valuations, and will cheer rival Las Vegas Sands, which plans a listing later this year.

 

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