“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
Goldman Invests in Facebook at $50 Billion Valuation - NYTimes.com
Goldman Sachs has reached out to its wealthy private clients, offering them a chance to invest in Facebook, the hot social networking giant that is considering a possible public offering in 2012, according to people familiar with the matter.
