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One of the most reliable gauges for what a company is really worth is market capitalization, or market cap for short. The market cap is the value of all of the company’s stock combined, giving ...
Facebook's valuation steadily increased in the days leading up to the IPO. Prior to the official valuation, the target price of the stock steadily increased. In early May, the company was aiming for a valuation somewhere from $28 to $35 per share [19][20] ($77 billion to $96 billion). [21] On May 14, it raised the targets from $34 to $38 per share. [22] Some investors even suggested a $40 ...
Facebook is one of the world’s largest and arguably most influential social media platforms. Read on to see the revenue and worth of this tech company.
The U.S. IRS challenged the valuation Facebook used when it transferred IP from the U.S. to Facebook Ireland (now Meta Platforms Ireland) in 2010 (which Facebook Ireland then revalued higher before charging out), as it was building its double Irish tax structure. [175][176] The case is ongoing and Meta faces a potential fine of $3–5bn. [177]
Facebook is a social media and social networking service owned by American technology conglomerate Meta. Created in 2004 by Mark Zuckerberg with four other Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, its name derives from the face book directories often given to American university students. Membership was initially limited to ...
Unlike these companies, however, I don't believe Facebook needs gimmicks to legitimize its valuation target. In other words, call me crazy, but I think Facebook may very well be worth $100 billion.
For its part, by March 2010, Forbes had actually reduced its estimate of Thiel's net worth to $1.2bn (#828 on list of world's billionaires), though the higher Facebook valuation makes this even more undervalued.
As Facebook thunders toward its IPO, the 33 banks tasked with underwriting the offering have been desperately trying to determine how much the social networking website is actually worth. While it ...