Facebook is not worth $33B (2010)(signalvnoise.com)
signalvnoise.com
Facebook is not worth $33B (2010)
https://signalvnoise.com/posts/2585-facebook-is-not-worth-33000000000
2 comments
Someone pointed out (on Twitter!) that junk bonds are down below 4%. That's lower than investment grade during most of recorded history.
What I'm saying is that it's hard to find an objective reference point for what Facebook is worth, but there are things where you can kind of place their price on an absolute scale. And they are getting pretty extreme.
What I'm saying is that it's hard to find an objective reference point for what Facebook is worth, but there are things where you can kind of place their price on an absolute scale. And they are getting pretty extreme.
Capital is infinite but time is finite. How long before Peter's other company is worth trillion dollars is anyones guess.