The Nation’s Ari Melber: Facebook owns you

By Eric W. Dolan
Wednesday, February 15, 2012 21:21 EST

Ari Melber of The Nation explained Wednesday on MSNBC why the public offering of Facebook was estimated to be one of the biggest of all time.

“Why exactly is Facebook worth so much money? It’s current revenues of a few billion dollars don’t support this evaluation,” he said. “But Facebook owns something that can make a lot more money down the road. It owns us.”