EXHIBIT 5.1


          [LETTERHEAD of FRIED, FRANK, HARRIS, SHRIVER & JACOBSON]




March 31, 1999

theglobe.com, inc.
31 West 21st Street
New York, New York 10010

                   Re: Registration Statement on Form S-8

Ladies and Gentlemen:

     We are acting as special counsel to theglobe.com, inc., a Delaware
corporation (the "Company"), in connection with the registration, pursuant
to a Registration Statement on Form S-8 (the "Registration Statement"), of
an aggregate of 361,017 shares (the "Shares") of Common Stock, par value
$.01 per share, of the Company, issuable pursuant to (1) the Company's 1999
Employee Stock Purchase Plan - (200,000 shares); (11) options granted under
the factorymall.com, inc. ("factorymall") 1998 Stock Option Plan which were
converted from options to purchase shares of common stock of factorymall
into options to purchase Shares of the Company pursuant to the Agreement
and Plan of Merger, dated as of February 1, 1999, by and among the Company,
factorymall, Nirvana Acquisition Corp. and certain shareholders thereof -
(41,017 shares); and (111) options granted to James McGoodwin, Kevin
McKeown and Mark Tucker on February 1, 1999 - (120,000 shares).

     We have examined the originals, or certified, conformed or
reproduction copies, of all records, agreements, instruments and documents
as we have deemed relevant or necessary as the basis for the opinion
hereinafter expressed. In all such examinations, we have assumed the
genuineness of all signatures and the conformity to original or certified
copies of all copies submitted to us as conformed or reproduction copies.
As to various questions of fact relevant to such opinion, we have relied
upon certificate and statements of public officials, officers or
representatives of the Company and others.

     Based upon the foregoing, and subject to the limitations set forth
herein, we are of the opinion that the Shares, when issued and paid for
(with the consideration received by the Company being not less than the par
value thereof) in accordance with the Plans, will be validly issued, fully
paid and non-assessable.

     The opinion expressed herein is limited to the federal laws of the
United States, and, to the extent required by the foregoing opinion, the
General Corporation Law of the State of Delaware.

     We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement on Form S-8 relating to the registration of the
Shares. In giving this consent, we do not admit that we are in the category
of persons whose consent is required under Section 7 of the Securities Act
of 1933, as amended.

                                                 Very truly yours,

                               FRIED, FRANK, HARRIS, SHRIVER & JACOBSON


                               By: /s/ Stuart H. Gelfond
                                  ---------------------------------
                                       Stuart H. Gelfond