Wait? What year is it? 1999?

Just saw this Mashable article, saying that the valuation of facebook is at 6.5 Billion US, reminding me of the DOTCOM days where companies with almost no revenue had a valuation higher than General Electric.

Back in May, Facebook raised another $200 million, which valued the company at $10 billion. Now, the investor – Digital Sky Technologies – is allowing employees to sell shares at a valuation of $6.5 billion according to a report in The New York Times.

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About The Author

Alexander Wipf

Head of Strategy at Leo Burnett Frankfurt

Other posts byAlexander Wipf

Author's web sitehttp://culturalfuel.com

13

07 2009

2 Responses


  1. The emperor has no clothes!

  2. Low Voltage Wiring http://www.nmnetworkservices.com

    Facebook is an amazing animal.

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