Slide is on MySpace too, and they probably make more money there than on Facebook. It's easy for us YC news hackers to forget about MySpace because we probably all use Facebook but MySpace is where most users are.
Let's also not forget that all other social networks are going to open up, creating a massive opportunity for Slide that probably far exceeds what Slide makes on Facebook. $500 mil may not be such a high valuation when you think about it.
Let's also not forget that all other social networks are going to open up, creating a massive opportunity for Slide that probably far exceeds what Slide makes on Facebook. $500 mil may not be such a high valuation when you think about it.