Fact for Thought – Is Facebook worth $33 billion?

Over 500 million users and an atmosphere of the global social networking circle, Facebook might be worth a whopping $33 billion! In a report published in the Financial Times, the tongues have started wagging again, speculating the estimating the worth of Facebook.  Yahoo, which has recorded no growth, has a valuation of $18 billion and the somewhat plateauing eBay comes in at $30 billion, therefore it could be the possible rationale behind the amazonic valuation of Facebook. The best part for the company is that it is still growing! But until Facebook goes public, most probably in 2012, the exact figures cannot be known.

Full story at Daily Finance

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This entry was posted on Thursday, August 26th, 2010 at 11:31 AM and is filed under Viral marketing. You can follow any responses to this entry through the RSS 2.0 feed.You can leave a response, or trackback from your own site.

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