[MrBlue]

Yup. Lots more numbers thrown around since Yahoo's failed bid. But if you look at how Yahoo projected the growth and revenue, $1.6 billion isn't all that much especially since they've actually grown faster than originally projected by Yahoo.

Facebook is just very well done. From the photo tagging, to classifieds, to 3rd party applications on the newly launched F8 platform, it's just so much easier to use than MySpace. MySpace on the other hand chokes off 3rd party devs whenever they feel like it, is populated by a ton of spammers, and profiles look like ass.

By opening up their platform, I'm sure we'll soon see apps that allow college students to order food online (instead of going to another site, it'll all be on Facebook!), order all the books for your courses online, and etc.

A lot has changed since 2000. There are a lot more people online and people are generally more comfortable with buying stuff off the internet. I remember Webvan was a horrible failure but Fresh Direct today is a success.