Is facebook really worth $50 billion?

[ramaria]

with billions of members addicted to facebook games, facebook layouts, and other cool facebook features, i don't doubt that facebook could be worth billions as well

[savantcreative]

The ability of ad targeting is what I believe gives FB it's value.

[SmartAlec]

I remember reading that not that long ago facebook had never actually made a profit? I know it has massive potential but i would want it to have some return as well as potential..

[Pause]

It is expected to have 600 million user in this year so that this fact justify this value.

[GeoffreyYu7]

It is, without a doubt, worth that much. A recent report by Social Media Examiner noted that over 92% of businesses who have an online presence use Facebook. Not to mention that some of the companies that create Facebook games like "Farmville" are worth hundreds of millions themselves. Finally, as others have mentioned, it's growing at a rather ridiculous pace. Facebook is THE premier network for B2C companies.