“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
I talk to Sam Hamadeh of PrivCo about the potential pitfalls in Facebook’s S-1 filing yesterday and why he’s bearish on Facebook’s IPO. Watch and find out why you might want to hold back some irrational exuberance when $FB shares debut.
Source: soupsoup
Facebook’s revenue
DEVELOPING: According to IFR, a sister publication of Reuters, the social networking website Facebook will file for an initial public offering of $5 billion on Wednesday.
Source: reuters
Tesla files for $100 MLN IPO

The maker of this very nice looking electric car, Tesla Motors, has filed for an initial public offering. The car in the picture is their new model S sedan. It will be due in 2012.
- Tesla’s $100M IPO: Losses Expected Until At Least 2012. Musk Taking $1 A Year. (techcrunch.com)
- Investors, Buckle Your Seatbelts (businessweek.com)

