Featured Articles

Nvidia Shield 2 shows up in AnTuTu

Nvidia Shield 2 shows up in AnTuTu

Nvidia’s original Shield console launched last summer to mixed reviews. It went on sale in the US and so far Nvidia…

More...
AMD CSO John Byrne talks ARM

AMD CSO John Byrne talks ARM

We had a chance to talk about AMD’s upcoming products with John Byrne, Chief Sales Officer, AMD. We covered a number…

More...
AMD Chief Sales Officer thinks GPU leadership is critical

AMD Chief Sales Officer thinks GPU leadership is critical

We had a chance to talk to John Byrne who spent the last two years as Senior Vice President and Chief…

More...
OpenPlus One $299 5.5-inch Full HD phone

OpenPlus One $299 5.5-inch Full HD phone

OnePlus is one of the few small companies that might disrupt the Android phone market, dominated by giant outfits like Samsung.…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 01 December 2010 10:26

Facebook valued at $50 billion

Written by Fudzilla staff


Largest private company to date
A recent reshuffle of Facebook shares on SecondMarket indicates that share prices have surpassed the $20 mark.

With 2.5 billion outstanding shares Facebook's valuation works out to around $50 billion, the highest valuation for a private company yet. In terms of value Facebook has already surpassed Yahoo and Ebay, not to mention other social networking sites. This is rather impressive for a six year old company.

It is unclear whether Facebook is planning to go public at any point in the future. It would make for a rather interesting IPO though.

More here.


Last modified on Wednesday, 01 December 2010 10:38

Fudzilla staff

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

Comments  

 
+8 #1 JAB Creations 2010-12-01 10:44
Facebook is a lot like soup. Ten years ago you could buy two cans for a dollar and now it's two cans for $3. Goods and services don't cost more, our money is worth less. This is because of the jewish monopoly on American banking, media and politics intended to destroy western economies.

Also Facecrook (a massive data mining operation) stopped losing money like last year or was it this year? Either way there's no way it's worth 50 billion.
 
 
+11 #2 FoxMontage 2010-12-01 11:58
Quoting JAB Creations:
This is because of the jewish monopoly on American banking, media and politics intended to destroy western economies.


Mommy Mommy! The Jews are stealing my moniez! Son, I'm pretty sure that if you look at any currency in the world over the last 100 years (Jew-tainted or not) you will find that 1 unit buys you less than it did 10 years ago.
 
 
-10 #3 JAB Creations 2010-12-01 12:11
Quoting FoxMontage:
Son, I'm pretty sure that if you look at any currency in the world over the last 100 years (Jew-tainted or not) you will find that 1 unit buys you less than it did 10 years ago.


...and if you look at the population of all those places you'll find jews! Gee, what a coincidence!

Any one who uses their brains know jews infiltrate every institution where they can gain sway and manipulate the world as they please.

Also jew replies are exceedingly stereotypical. Claims of racism, red-scare, anti-semitism, everything is funny reactions and the people pointing our the crooks are wining.

The reason for the reply? Don't let people know they're giving everything on Facecrook to the jews.
 
 
+8 #4 thetruth 2010-12-01 14:50
Quoting JAB Creations:
Also Facecrook (a massive data mining operation) stopped losing money like last year or was it this year? Either way there's no way it's worth 50 billion.


I feel that 50 billion is a little far fetched, but there's more to the company than just the revenue it generates. It has a very well known, global brand-name and can directly affect peoples' lives at the click of a button. Some of that value is from power, not just revenue.
 
 
+9 #5 Exodite 2010-12-01 16:51
Quoting thetruth:
Some of that value is from power, not just revenue.

Which incidentally is why speculation economy is the direst threat to mankind as a whole ATM.

As long as we're basing our economy on the perception of worth rather than actual worth it's open to manipulation and being dumped into the toilet at a moment's notice.
 
 
+5 #6 hoohoo 2010-12-01 19:03
Totally laughable!

Unless...

Is there another Internet Bubble coming our way? Sing praises to the Lord! :-)
 
 
+3 #7 Wolfdale 2010-12-01 20:24
Quoting thetruth:
Some of that value is from power, not just revenue.


yep, and the 50 billion is merely a job well done on converting popularity into stock value,
its basically in the same lines as a pyramid stock game,

the more ppl buy it, the more they get worth.. but once a few start selling, price will drop, more will sell, price will fall down dead very fast, more will sell and at the end, a large portion of the shareholders will be faced with a total loss of money because the company will be declared finacial dead..
but ofc this will happen AFTER they split it up to keep the profits away from the share holders from the original company..
 
 
+3 #8 gdansk 2010-12-02 02:19
Well, Cargill, Inc. is privately held and has yearly revenues in excess of 100 billion dollars. Koch Industries, Inc. is also privately held and has yearly revenues at 100 billion dollars. I'd say either is worth more than FaceBook...
 

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments