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A comment on Can Facebook Save California?.

Re:Can Facebook Save California? by fredoliveira on Saturday December 25, 2010 @10:45AM (#2039013)
the thing I found most interesting in this article was the fact that facebook is now trading at a 67B valuation on the secondary market, making it almost 1/3rd of what google is today. Very impressive growth.
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Re:Can Facebook Save California? by borism on Saturday December 25, 2010 @10:47AM (#2039015)
it was 50bn last week :)
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Re:Can Facebook Save California? by jdp23 on Saturday December 25, 2010 @11:26AM (#2039055)
but it's not a bubble ...
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Re:Can Facebook Save California? by thewordpainter on Saturday December 25, 2010 @12:59PM (#2039171)
i might concur with that sentiment...but i think facebook is not the best example. their upside is still tremendous, as they haven't fully exploited their ad revenue (which is better positioned than google imo)
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Re:Can Facebook Save California? by jdp23 on Saturday December 25, 2010 @01:14PM (#2039199)
Facebook does have tremendous potential upside (as well as significant risks). But it's really hard for me to see any reason their valuation would increased by 30% in the last few weeks.
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