Curiosities

Facebook’s Hype

By posted at 11:30 am on February 4, 2012 0

The Facebook IPO was this week’s biggest story. The social media giant, which boasts 800 million members, is seeking a $75-$100 billion market valuation. But hold your horses, investors. A lot of that optimism could be empty hype. After all, look at the site’s requested valuation as a percentage of its 2011 revenue, and compare it to other tech giants like Google and Microsoft. Also, contrary to Mark Zuckerberg’s claim, most of the world does not, in fact, “have access to the internet or mobile phones.”





Share this article

More from the Millions

Post a Response

Comments with unrelated links will be deleted. If you'd like to reach our readers, consider buying an advertisement instead.

Anonymous and pseudonymous comments that do not add to the conversation will be deleted at our discretion.