So said RBC Capital Markets News Corp analyst David Bank using a $357 per user valuation–and then, thankfully, revealed that he was joking. Facebook isn’t worth $15 billion, Bank says (according to the Post‘s Peter Lauria), because there’s no way anyone other than a fantastically wealthy company with roid-rage would ever buy it for that.
Bank says there’s no way to know what Facebook is worth (hear hear!), but he puts MySpace’s value at $5 billion. He also notes that Facebook is growing far faster than MySpace, and is therefore worth a lot more per user.
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