Geocities was bought for 3.6 billion dollars in 1999 by Yahoo. Facebook, one of the newer trendy social networks, is apparently trying to sell themselves for 2 billion now. The founders of Facebook are Harvard undergrad dropouts. The number of American millionaires is at a record high of about 9 million Millionaires. Are all of these social networks worth this much? Myspace, Orkut, Friendster, Hi5, LinkedIn, etc?
Sure makes me wonder when I’m going to make my million. Check out those links, figure out a better network, and go make a billion.