Facebook Now Worth $50 Billion In Secondary Trading

Re:Facebook Now Worth $50 Billion In Secondary Trading by jonpaul on Monday November 29, 2010 @10:46PM (#1952976)

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?

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Re:Facebook Now Worth $50 Billion In Secondary Trading by omarchowdhury on Monday November 29, 2010 @11:02PM (#1953027)

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.

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Re:Facebook Now Worth $50 Billion In Secondary Trading by onlythestrong on Tuesday November 30, 2010 @12:15AM (#1953174)

On a public exchange, there is more liquidity, but the valuation would still be based on the last traded price. Nevertheless, I guess this gets you closer to its "true worth"

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Re:Facebook Now Worth $50 Billion In Secondary Trading by alastair on Tuesday November 30, 2010 @02:34AM (#1953450)

It's all relative, but yes somebody obviously believes it is worth $50B.

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