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?
Napster creator and Facebook co-founding President Sean Parker wants everyone to know that while he loves the movie The Social Network it’s a complete work of fiction.
At the DLD Conference 2011 in Munich, Parker told the audience that the movie is a “complete work of fiction.”
If you watch the video below Parker begins talking at 5:20 and says he loves the production value of the film, but that his character was portrayed in a false light:
“The part of the movie that frustrated me is actually the scene at the end where the character played by Justin Timberlake — who happens to have my name — basically writes a check to Eduardo – who I’m also, I consider Eduardo a friend of mine, and I’m one of the few people at Facebook who still interacts with Eduardo – and throws it in his face and has security escort him out of the building. And I mean, that’s just rude. This guy in the movie is a morally reprehensible human being.”
Sean Parker, a co-founder of Facebook and the inventor of Napster and Dustin Moskowitz, another Facebook co-founder, have donated $170,000 in support of California Proposition 19, a pro-pot measure.
According to CNet Parker donated $100,000, while Moskowitz added $70,000 to the coffers of pro-marijuana supporters.
While Parker and Moskowitz are no longer with the company, they have both earned millions of dollars from their ownership stakes in the world’s largest social networking website which is valued upwards of $34 billion.
Sean Parker’s large donation came just after the “Yes on 19″ campaign committee announced that they were running low on funds in the final weeks leading up to the bills vote. read more