So today we learn that the shares Facebook is selling today are valued at $18 Billion? That puts the company at what, around $100 Billion? I can't help, in passing, despair a little at this.For a little perspective, some UNDP estimated costs:
Global cost of providing water = 9 Billion
Universal education = 6 Billion
Basic health & nutrition = 13 Billion
Maternal care = 12 Billion
When we look at what we value, and how highly; what we interact with day to day, sometimes the phrase "Social Network" seems like a dreadful irony.
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