InvestorsHub Logo
Followers 9
Posts 390
Boards Moderated 0
Alias Born 08/11/2011

Re: drdoomy1 post# 17124

Friday, 03/16/2012 10:08:24 AM

Friday, March 16, 2012 10:08:24 AM

Post# of 80403
You may be correct but at 90 million members, they would have 10% of the users of Facebook and that would make them worth 9 Billion dollars. That is the thing about the internet, You do not need to have a lot of members to be worth a lot of money.

Wetwinds, if it follows the same revenue models, would only need about 9 million members to be worth about 900 million dollars. Now, I understand more members increases profit exponentially but in general a website with just 1 million users (which is a drop in the bucket) could make millions each year and that is why it is worth so much.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.