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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.

 

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