Facebook Now Worth $50 Billion In Secondary Trading(techcrunch.com)
techcrunch.com
Facebook Now Worth $50 Billion In Secondary Trading
http://techcrunch.com/2010/11/29/facebook-now-worth-50-billion-in-secondary-trading/
4 comments
Am I one of the few who thinks that this is absurd? This reminds me of that 37 Signals Article: http://37signals.com/svn/posts/1941-press-release-37signals-... I realize that this valuation doesn't come from a VC investment but from a private stock exchange. Regardless, is Facebook really worth $50 billion though?
This is just a valuation based on the last traded price on a relatively illiquid market. If Facebook was traded on a public exchange (where all market participants would have access to Facebook's vital financials) or was just acquired would we know its true worth.
On a public exchange, there is more liquidity, but the valuation would still be based on the last traded price. Nevertheless, I guess this gets you closer to its "true worth"
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It's all relative, but yes somebody obviously believes it is worth $50B.
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TC's constant appraisal of Facebook is annoying. They most likely have a deal of some sort.