Facebook valuation over time
Who owns facebook?
Although the Facebook investment looks promising at the moment, Goldman and its investors could be buying into a social networking investment mania at a nosebleed valuation. During the dot-com bubble, Goldman invested about $100 million in Webvan, the online grocer that never got off the ground and eventually collapsed in bankruptcy.
Source: The New York Times
Is facebook a new google?
Headlines: “Goldman Invests in Facebook at $50 Billion Valuation”, “Facebook Now Worth More Than Yahoo And eBay”, “GS invested $450 million in Facebook”…
Yep, it’s sadly true. On the way to a round billion users. Without any real competition.
At $50b, Facebook is now worth more than Yahoo (a $22b market cap) and eBay ($37b), however, it is still smaller than Amazon ($83b) and Google ($193b). But all that in six years.
