As Facebook IPO date approaches, Abine, an online privacy company has developed a simple tool that measures how much “your” data is worth to social giant. The tool is named as Val-You Calculator (spotted by ZDNet). So, how does it work? The calculator asks you seven questions:
- Where do you live?
- How many Facebook firends do you have?
- How do you use Facebook Libe buttons?
- How many photos do you post on Facebook?
- Do you have a farm, a gang, or play Words With Friends?
- How much money do you make?
- How long do you think you’ll be using Facebook?
Then, it calculates how much your data is worth to Facebook based on a range from $2 to $91. That’s how much Facebook will make from you each year, depending on how you answered the questions.
“The Facebook Val-You calculator relies on data from the Facebook S-1 Filing, independent financial and market research analysts, data from Facebook advertisers, as well as Abine’s internal modeling and estimates,” an Abine spokesperson said in a statement. “It considers how an individual uses Facebook along with personal details in order to determine approximately how much revenue they may generate for Facebook this year.”
(Image Source: Val-You Calculator)