Facebook's Valuation Skyrockets To $41 Billion
Facebook now ranks as the third largest web company, with a estimated valuation greater than EBay, based on trades of over $16 per share on SecondMarket.com.
Facebook now ranks as the third largest web company, with a estimated valuation greater than EBay, based on trades of over $16 per share on SecondMarket.com.
Based on recent private-market transactions, Facebook has a total estimated value of $41 billion, exceeding eBay’s $39.4 billion in market capitalization. The only two web companies worth more than Facebook are Amazon, at $74.4 billion and Google, Inc., at $192.9 billion.
Today’s value of Facebook comes from an “off-the-record” conversation that Bloomberg BusinessWeek’s Brian Womack had with someone who had access to recent transaction data on SecondMarket.com.
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