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What is Facebook worth to you?

I’ve followed the breathless tracking of Facebook’s valuation for several years now. Part of this inane banter has been around various attempts to place a dollar amount on individual Facebook fans. With last week’s IPO dominating the mainstream news, and the hit the stock price took the last two days, the question of whether Facebook is worth $100 billion is one that many are still debating.

Rather than debate this, the question to ask is what is Facebook worth to you?

I would argue that for most, it has not much, if anything, to do with “personalized” ads or sponsored stories from brands. It is based on what has made Facebook a part of daily life for almost a billion people. I bet it is along the lines of what it is worth to me. [Read more...]