Quote:
Originally Posted by DVTimes
Soon Facebook will be floated as shares, and its believed its valued at billions.
But is it?
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Have you even bothered to look at their revenue? They're estimated to do $4.2 billion this year and $5.78 billion in 2012. Given a 20 P/E (Similar to Google, which is 21), next year when they IPO their value will be $100 billion ($5 billion x 20 P/E). Took 2 seconds to figure that out.