Facebook > Amazon

In the first two quarters of 2011 Facebook had 1.6 Billion in revenue and about $800 million in operating income. Emarketer says they are on to make $4.6 Billion in 2011.

To put it in perspective, Facebook is already making more per quarter than Amazon. So now if Amazon is valued at around $110 billion, then is Facebook undervalued at $70 billion?

One example of how Facebook monetizes is through Zynga. You know… Farmville, Words With Friends, and Mafia Wars. Yeah, they sent Facebook $250 million in the first half of the year.

Now, what I am saying here is what I have been saying since 2006. Facebook is going to be the most valuable company in the world. Personally I think they might even compete with our current economic system. However, that’s another blog post.

I was planning for months to execute this strategy.  Unfortunately, scheduling conflicts and timelines did not pan out.  However, I at least put together a pretty cool proposal on how this was going to be executed.

Hopefully this helps you out and if you have any suggestions, questions, or comments please feel free to comment!