[technologic]

i've read an article somewhere that facebook internally values their own company at 8 billion with projected revenues reaching $1b in 2010 or so...which may be why they're not selling.

but they're definitely not the beginning of the end...facebook is generally a scaleable business and the costs of running it can't be spectacularly high...i can't imagine that they're not raking in the cash big time. and with their expansion of the 65 companies ready to launch their applications, i can't see it not getting more engrained in our everyday lives on the internets. they also have a ton of stuff that they're experimenting with and not collecting revenue yet for.