Is Facebook Worth $50 Billion?
Is Facebook really worth $50 billion (with a "B")? According to financial analysts, it is. One of the numbers they looked at is the revenue before potentially going public. Facebook made an estimated $2 billion in revenue in 2010. Google did the same amount right before it went public. However, Google's growth had a less stratospheric growth than Facebook's. I suppose that depends on your definition of "stratospheric". At $200 billion market cap and $30 billion in annual sales, that is pretty darn "stratospheric" for me. But, again, when are talking trillions of dollars in a daily basis, $2 billion in annual revenue might not seem that big and $50 billion market value might just be right.
What do you think?
Comments