Saturday, February 26, 2011

Facebook - The Valuation Game

Wow what a game. Insanity at its best.


Stock Price Increase : $ 1 (from $27 to $28). 
Shares outstanding : 2.5 billion 
Shares traded this week : 225000 ( 0.009% of Shares outstanding ) 


Enter the Magician .. Abracadabra...New Valuation = $ 70B 


When was the last time we heard ... "Assured Mutual Collataral Destruction"..."Too Big to Fail"


Original Post : http://techcrunch.com/2011/02/18/facebook-secondmarket/

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