“The biggest concern is the $100 billion valuation that Facebook is seeking,” Dan Lyons writes. “To get an idea how outrageous this is, consider that Apple—the biggest, most powerful, most lucrative tech company in the world—sells for just over three times last year’s revenues. If you valued Facebook that way it would be worth only $12.5 billion.”
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“The biggest concern is the $100 billion valuation that Facebook is seeking,” Dan Lyons writes. “To get an idea how outrageous this is, consider that Apple—the biggest, most powerful, most lucrative tech company in the world—sells for just over three times last year’s revenues. If you valued Facebook that way it would be worth only $12.5 billion.”

(via newsweek)

Source: thedailybeast.com

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