Facebook valuation at $50 Billion

My response to someone asking if it was sheer luck for 90% valuation of facebook (http://goo.gl/wIAqD) –

For all those who think luck had a big role to play in facebook success,please visit this link to understand what runs behind facebook-http://goo.gl/EXUR. It definitely took lot of hard work 🙂 I believe that necessary ingredients of a successful webapp include original idea, focus, dedication, marketing and little luck. In case of facebook, though original idea part is debatable but everything else was well-planned from very start.