Facebook's Valuation: $224 Billion In 2013?
That's exactly what Albert Babayev over at Seeking Alpha has concluded after developing a model based on the future projections of Facebook revenue, with him expecting Facebook Credits to eventually become an $8 billion a year business.
That’s exactly what Albert Babayev over at Seeking Alpha has concluded, after developing a model based on the future projections of Facebook revenue, with him expecting Facebook Credits to eventually become an $8 billion a year business.
Given that many are calling Goldman Sachs’ investment in Facebook bubble-like, a $224 billion valuation in 2013 should equally draw some criticism. However, the model provided Babayev is somewhat reasonable as he expects the hype to die down to a level where stock price multiples are much closer to Google (currently a price-earnings ratio of 24), than an Open Table (currently a price-earnigs ratio of 159).
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