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A comment on Wizards of bullshit: How Forbes turned $6.5 million into $20 billion.

Re:Wizards of bullshit: How Forbes turned $6.5 million into ... by clarky07 on Wednesday June 29, 2011 @10:40AM (#2709623)
Many people strongly believe that Facebook will IPO at 100 billion or more. Valuing it at 70 based on the most recent large transaction seems perfectly reasonable to me.

I don't think it makes sense for it to be valued that highly, but that is not the same as saying it isn't valued that highly. It clearly is.

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