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.
