Each Facebook User Worth $50 to the Company

Tagged: Facebook, Technology
Source: Toms Guide - Read the full article
Posted: 3 years 39 weeks ago

How much money are you contributing to Facebook by being a user?

Mark Zuckerberg started Facebook six and a half years ago, in February of 2004, from his Harvard dorm room. Yesterday, he confirmed that 500 million people are using Facebook to stay connected. Zuckerberg also spoke to ABC's Diane Sawyer and told her that it's the people who make the service. "It's really the people themselves who have gotten us to this state. I mean, we've built a lot of products that we think are good, and will help people share photos and share videos and write messages to each other. But it's really all about how people are spreading Facebook around the world in all these different countries. And that's what's so amazing about the scale that it's at today," Zuckerberg told Sawyer.

Since the interview last night, some more fun facts have come to light. PC World reports that if Facebook were a country, it would be the third largest in the world (behind China and India). As for where users are Facebooking from, North Americans account for the biggest chunk of Facebook users with 32.5 percent of the market share. Next is Europe with 27.5 percent, and Asia with 17.1 percent. Placing in fourth and fifth place are South America, and the Middle East and North Africa, with 9.2 and 8.5 percent respectively.

However, probably the most interesting in PC World's 'Fun Facts About Facebook' piece is just how much each user contributes to Facebook's overall value. Currently Facebook is said to be worth somewhere in the region of $22 and $25 billion. Taking into consideration that Facebook makes the vast majority of its money from mining massive amounts of data from its users, each of the 500 million users counts for about $50 or 500 Facebook credits towards the company's value.

 

Comments

Anonymous

I don't have a facebook (I have a life) so they don't have $50 from me :P