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Facebook Now Worth $50 Billion In Secondary Trading

15 points| ssclafani | 15 years ago |techcrunch.com | reply

10 comments

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[+] jonpaul|15 years ago|reply
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?
[+] omarchowdhury|15 years ago|reply
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.
[+] alastair|15 years ago|reply
It's all relative, but yes somebody obviously believes it is worth $50B.
[+] yoseph|15 years ago|reply
Ya know who are the real winners in all this madness? SecondMarket and SharesPost.
[+] charlesju|15 years ago|reply
This also makes great fodder for tech news outlets.
[+] birken|15 years ago|reply
The people who get to take their equity off the table at 50B valuation aren't doing too badly either.
[+] jhuckestein|15 years ago|reply
TC's constant appraisal of Facebook is annoying. They most likely have a deal of some sort.
[+] alastair|15 years ago|reply
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.
[+] treblig|15 years ago|reply
Annoying, yes. But really? A deal between FB and TC?