Epic Unfriend: Have 8 million Facebook users in US, Canada, and Europe pushed the deactivate button?
Facebook lost nearly 8 million active users in May this year and posted lower new user registrations in May, leading to speculations that the social networking giant’s target of reaching 1 billion users by February might take a bit longer.
Notwithstanding that Goldman partners put a stamp of approval on the $50 billion valuation for Facebook early this year, being the biggest and most active social networking site on the planet could provide strong support for appraisals of share prices should Facebook push through with an Initial Public Offering (IPO) in 2012. That is if Facebook actually opens up more of its financial documents and trumps the vital signs of LinkedIn.
Apart from dreams of pouring over the Great Fire Wall of China like a tsunami and continuing to find new user growth in late adapter countries, there is the idea that Facebook’s ubiquitous presence through social media stream integration and comments on sites will continue to propel its growth in years to come.
One Billion Facebook Users in 2012 could mean a $100 Billion IPO Valuation
Of course, for Facebook founder Mark Zuckerberg, it would mean the world and then some.
Perhaps the most important thing for Zuckerberg would be that he was right about his prediction. When Facebook reached 500 million users last July, Zuckerberg said that it would be impossible for Facebook not to reach 1 billion users.
That’s roughly equivalent to 16 to 20 percent of the world’s population. But that is not to say that there really are 1 billion Facebook users with one Facebook account each or that all of the 1 billion accounts are actually actively being used in a meaningful way.
Still, what if each Facebook user was actually worth $10 each?