Renren Message Board - Msg: 28148339

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Technology Stocks : Renren

RENN 1.650

-2.9%

Jun 21 5:00 PM EST

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From: zax	5/16/2012 10:09:27 AM
	of 310

Renren Inc. (RENN)-NYSE 6.10 0.26(4.45%) 10:07AM EDT - Nasdaq Real Time Price My napkin analysis: Facebook IPO valuation now estimated to be $108 billion Number of active facebook users: 908 million Market cap of Renren: $2.36 billion Number of activated Renren users: 200 million These published numbers are do not represent the same thing; Active users <> Activated users. Let's assume 1/4 of Renren's "activated" users are active (when Renren had 117M users, it said 31M were active); that gives us 50 million active Renren users. That places a value of $47.20 per Renren user Compare to facebook; $108 billion / 908 million = $119 per facebook user. This is not meant to suggest anything and is only provided as food for thought and conversation. Note that Yandex is feeling the fb love as well, and I expect this to last though Friday, at least.

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