How much big internet companies make

Here is a list of internet companies and their revenue and market value.

Company	Revenue ($bn)	Market Value ($bn)
Amazon	74.5	150
Google	15.7	378.5
Yahoo	4.7	36.9
eBay	6.6	62.8
YouTube	5.6	21.3
Facebook	7.9	161.4
LinkedIn	1.5	19.1
Twitter	0.2	20.1

These values show how much in turnover the company makes and the market value of the company, it would be useful to know the profit value to make a more realistic comparison with the companies. I was surprised how little revenue Twitter makes, I am not sure how popular it is in Asia and Europe.

How is Twitter going to make money to justify its high share price

Twitter went public the other day with is price gaining just over 72% on the first day, the second it dropped about 7%, but is still 50 times the value of its sales. That means that Twitter has to have huge growth and increase in sales to justify this current share price, or what will most likely happen in the sorter term is the share price will fall, leaving some investors out of pocket.

Twitter should look at how it can increase turnover and usage, to justify the share value. A lot of people I know have tried twitter and have not got on with it and don't understand it, I can see there point of view and I only use twitter to tweet articles that I like. Maybe they need to promote twitter and make people realise it is not just for following people you know and minor celebs, but could be for following music bands or companies that give useful information. On that point I do find the problem with twitter is the amount of rubbish tweets that appear, maybe there should be a way to filter out tweets and only receive tweets other users have found useful by a rating method.

It will be interesting to see what happens over the next few years with how twitter changes to make money and whether people will keep using it.

Death of social networking?

Lately I have found that there are more and more issues with social networking sites.Here is a list of current issues and possible future problems that I have heard of.

• There are more and more scams appearing on the sites, the latest I saw was the Facebook Tesco scam which looked like a valid offer because a friend had put a link for it. I can see that there will be more elaborate scams in the future.
• You have to be very careful on who is your friend, there a lot of fake accounts with people who say they know you just to get more information on you.
• Insurance companies are looking at social networking and what information you put on them, like if you say you are going out and you get burgled they will not payout.
• A lot of people are getting a bit tired of it and it is no longer innovative and needs something new. Once everyone was using friends reunited, but these things are fads and become less and less popular.

There are of course reasons why social networking is here to stay, but people get bored and there has to be constant innovation to keep people interested, without this people will move onto other sites and trends. Is it possible that in a few years time people will have had enough of social networking and will be interested in something else. I can see some sites like Linked In continuing because it is a place to advertise your work, it could be Facebook and Twitter also go down this avenue and include a way recruitment agencies can use their sites. I think the next couple of years will be an interesting time, with existing sites looking for innovation and new sites and new ideas appearing.