Am I one of the few who thinks that this is absurd? This reminds me of that 37 Signals Article: http://37signals.com/svn/posts/1941-press-release-37signals-... I realize that this valuation doesn't come from a VC investment but from a private stock exchange. Regardless, is Facebook really worth $50 billion though?
This is just a valuation based on the last traded price on a relatively illiquid market. If Facebook was traded on a public exchange (where all market participants would have access to Facebook's vital financials) or was just acquired would we know its true worth.
They get the same deal as the rest of the media. They keep writing sensationalist stories, we'll keep talking about it, and advertisers pay them for it.
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