Facebook: $100 Billion IPO. Almost 1 Billion Users. You Do the Math.
May 16, 2012
The big news in the business world this week is Facebook's ongoing Initial Public Offering, where the company is selling shares to the public based on an estimated value of around one hundred billion dollars. [Or, as Dr. Evil would say: one hundred billion dollars.]Where does that kind of valuation come from?Certainly, some of it comes from Facebook's infrastructure and employees. But most of that...
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