Nov 5, 2006

What's a friend worth?

Working on the weekend brought an unexpected chuckle....

Yesterday, I was asked to glimpse through the financials of a small local company. Their balance sheet listed 'MySpace Friends' as an asset category, with a value of $1497. Footnotes explained this as representing the worth of the 1497 people that answered "Yes" to accepting the incoming friends requests from these folks --- or $1 per pal.

Pretty funny, isn't it? While I give these youngeters credit for realizing the potential and value of one's social network, I think I'll be advising all involved that this valuation might be a bit on the high side.

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