MySpace to Reach 15 Billion Valuation

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MySpace To Reach $15 Billion Valuation

By: Andy Beal
2006-09-28

CNET has a Wall Street analyst predicting social networking site MySpace could be worth $15 billion within 3 years.

Link: predicting

Rohan said MySpace could demonstrate a value of between $10 billion and $20 billion within a few years. Acknowledging he was making an "audacious claim" he justified the forecast on the basis of MySpace's "raw, unprecedented user/usage growth."

Hat's off to Rupert Murdoch - not a bad ROI for a $580 million acquisition.

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Tag: MySpace

View All Articles by Andy Beal

About the Author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected].


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