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→Monetary Value: speculation at $50 billion
==Monetary Value==
==Monetary Value==
It is rumored that Facebook generates around $1 million per week in revenue. <ref>[http://www.techcrunch.com/2006/04/26/facebook-goes-beyond-college-high-school-markets/ "Facebook goes beyond college and high school markets"]</ref>
It is rumored that Facebook generates around $1 million per week in revenue. <ref>[http://www.techcrunch.com/2006/04/26/facebook-goes-beyond-college-high-school-markets/ "Facebook goes beyond college and high school markets"]</ref>
In September 2006, [[Yahoo]] began talks to acquire Facebook for as high as $1 billion. In October, Google allegedly offered $2.3 billion.<ref>[http://www.webpronews.com/topnews/2006/10/10/first-youtube-now-facebook-rumors-circulate "First Youtube, Now Facebook: Rumors Circulate"]</ref> All outside offers have been rejected. 2009 estimates put a net value of $6.5 billion. <ref>[http://news.cnet.com/8301-13577_3-10285409-36.html?tag=newsEditorsPicksArea.0 Facebook stock trading open; valuation $6.5 billion] CNET News, July 13, 2009</ref> 2010 estimates of the privately held company put the value at $14 billion dollars. <ref>[http://techcrunch.com/2010/01/20/facebook-valued-at-14-billion-on-secondmarket/ Facebook Valued At $14 Billion On SecondMarket, TechCrunch.com, January 20, 2010]</ref>
In September 2006, [[Yahoo]] began talks to acquire Facebook for as high as $1 billion. In October, Google allegedly offered $2.3 billion.<ref>[http://www.webpronews.com/topnews/2006/10/10/first-youtube-now-facebook-rumors-circulate "First Youtube, Now Facebook: Rumors Circulate"]</ref> All outside offers have been rejected. 2009 estimates put a net value of $6.5 billion. <ref>[http://news.cnet.com/8301-13577_3-10285409-36.html?tag=newsEditorsPicksArea.0 Facebook stock trading open; valuation $6.5 billion] CNET News, July 13, 2009</ref> 2010 estimates of the privately held company put the value at $14 billion dollars. <ref>[http://techcrunch.com/2010/01/20/facebook-valued-at-14-billion-on-secondmarket/ Facebook Valued At $14 Billion On SecondMarket, TechCrunch.com, January 20, 2010]</ref>
In 2011, [[Goldman Sachs]] invests $500 million and may put the financial company in charge of an initial public offering in 2012. Valuations are speculated at between $10 and $50 billion. <ref>[http://www.foxbusiness.com/personal-finance/2011/01/03/goldman-digital-sky-technologies-invest-facebook-report/?test=latestnews Is Facebook Worth $50B?, Fox Business, January 3, 2011]</ref>
==Origins==
==Origins==