Netflix-Amazon, Yahoo-Facebook rumors fly…oh my!
Posted on June 7th, 2007 by Startup Addict
Rumor has it Amazon is putting the hungry eye on Netflix, in the $2 billion range or 15x EBITDA. Although states sales tax could be a deal killer with the numerous distribution centers Netflix has. Meanwhile back at the bat cave Yahoo is rumored to be targeting Facebook in the $1 billion dollar price range. Facebook continues to hold out for the coveted $2 billion price tag.
Is Facebook really worth over 3x the price tag as the Myspace purchase? Maybe the Youtube purchase is still fresh in everyone mind. Facebook is a more concentrated niche but has substantially less users than Myspace. In addition, Facebook is now opening up to outsiders (non-college students) in order to scale and attract more eyeballs.
As the market continues to attract scorching valuations like the g0-go web 1.0 days, one has to ask the 23-year old genius creator….isn’t a cool$1 billion enough? It would certainly go along way in paying off the student loans.
