Would you pay 9 billion dollars for Facebook? Yes/No? Actually, that's what Henry Blodget thinks Facebook is really worth - I read about the 9 billion Facebook valuation a TechCrunch post titled Blodget Says Facebook Is Only Worth $9 Billion, Hypothetically Speaking
"....Today, Henry Blodget & Co. at Silicon Alley Insider try to peg valuations on 25 private Web companies. Facebook
is at the top of the list, but it is valued at $9 billion instead of the $15 billion that Microsoft’s investment put on the company. Why? Because everyone knows that the $15 billion is too high, so SAI decided to apply a 25X multiple on Facebook’s 2008 revenue forecast of $350 million. Does that make its valuation correct? Probably not. But in the absence of any true market pricing, anyone can go ahead and make a guess."
I think that sounds right - 15 billion for Facebook sounds too high - not that Facebook isn't worth 15 billion - but who'd pay that much for it?
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