Facebook $15 Billion? Then MySpace Worth $65 Billion!

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.

See Also:
Facebook/Google: The Joke is On Microsoft
Microsoft FQ1: Wow!
So, How Was MSN’s Quarter? AOL Should be Proud

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