Fred at A VC is a Yahoo! shareholder and wouldn’t mind seeing Yahoo! spend a billion dollars to acquire facebook. There is some logic and math to his thinking, much of which I agree with. Still- $1 billion is a LOT of money to pay for any business! Myspace may be worth more now, but I would argue facebook will have a much more valuable audience over time- especially if they successfully penetrate some geographic regions with their upcoming edition.