Facebook's ad revenue isn't growing fast enough to justify a $100B valuation on net income of...

|By:, SA News Editor

Facebook's ad revenue isn't growing fast enough to justify a $100B valuation on net income of $1B, says Nicholas Carlson. The 69% increase posted in 2011 is well below the 154% growth seen in '09, and is also below the 92% ad sales growth Google saw at the same point in its history. To justify its valuation, Facebook needs its payments business to continue soaring, and has to find new ways to monetize its giant user base. (more)