Facebook worth $94B, private market says
Now that Facebook is fast on its way to becoming a public company, and its financials have been laid bare, there’s just one question that remains unanswered: What is Facebook actually worth?
A private market transaction completed Thursday may provide us with best the answer yet.
One hundred thousand Class B common stock shares were sold for $40 a pop on SharesPost, according to information obtained by Bloomberg News and confirmed by the private capital … Continue Reading
Dylan’s Desk: 6 things you should know about the Facebook IPO
If Facebook files its paperwork for an initial public offering this week, as many expect it to do, we’ll be on the road to one of the biggest tech IPOs in recent history.
The offering will probably raise $10 billion in cash for the company and will value Facebook at somewhere between $75 and $100 billion, making founder Mark Zuckerberg, who holds an estimated 24 percent of the company, a billionaire many times over. That … Continue Reading
Twitter’s revenue, still in its infancy, projected at $1B by 2016
Twitter has taken a lot of flack for its slow approach to revenue, but a new report pegs the startup’s annual revenue at $1.194 billion in five years.
A few days ago, we learned that the startup was on track for around $140 in revenue for 2011. That number pales in comparison to, say, Facebook’s $4.27 billion projected revenue for the year.
However, we have to remember that the microblogging platform’s revenue-generating suite of ad … Continue Reading
Facebook’s valuation sits at $82.25B based on private sales of stock
Facebook’s valuation climbed significantly this year, settling at figures in excess of $80 billion just after the company’s developer conference this month, f8.
Shares of the company’s stock on SharesPost, a marketplace for stock of privately held companies, are currently priced around $32. Overall, Facebook’s valuation has fallen slightly from a peak of $87.5 billion, according to SharesPost prices.
In 2008, our reporters determined that Facebook was valued internally at around $4 billion. In the … Continue Reading
