Technology content trusted by users in North America and around the world.
4,950 Articles | 29,849 Posts
Select Your Edition:  
Tweakipedia
A wealth of
tech information!

USA EditionYou are located: Home > All News > Business, Financial & Legal News > Facebook now worth $50 billion?

Facebook now worth $50 billion?

By: (more) | Business, Financial & Legal News | Posted: Nov 30, 2010 4:11 am

In the words of the great Ron Burgundy, "Boy, that escalated quickly. I mean, that really got out of hand fast!" And by getting out of hand, I mean Facebook's value, $50 billion!!

 

 

The last company valuation put them at $35 billion, at the moment there are 2.5 billion shares at around $20.76 a share.

 

Based on $50 billion, this puts them at a 1/4 the market capitalization of Google and close to 1/4 that of Microsoft. They're now worth more than eBay and Yahoo and are on the heels of Amazon's $80 billion worth of value.

 

Hit up the source for the email that was sent to all Facebook Market Participants.

 


SOURCE #1

Related Tags



Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

TweakTown News RSS FeedDo you get our news RSS feed? Get It! Got a news tip? Tell Us!

Post a Comment about this news



Check out our
RSS feeds!
  • Upcoming Content: Whatever happened to Comodo Time Machine?
  • Upcoming Content: SuperSpeed RamDisk Plus 11 Software Review
  • Upcoming Content: HP Envy TouchSmart 4 Touchscreen Ultrabook Laptop Review
  • Upcoming Content: MSI Radeon HD 7790 1GB OC Overclocked Video Card Review
  • Upcoming Content: Transcend 32GB Wi-Fi SDHC Review
  • Upcoming Content: ADATA DashDrive Elite UE700 USB 3.0 Flash Drive Review
  • Upcoming Content: Kingston DT Workspace 64GB 'Windows To Go' USB 3.0 Flash Drive Review
  • Upcoming Content: Lexar Professional 128GB Compact Flash Memory Card Review
  • Upcoming Content: MyDigitalSSD BP4 240GB mSATA Review

Business, Financial & Legal News Posts

View More Business, Financial & Legal News Posts

TweakTown Web Poll

Question: What new stuff are you most excited to see at Computex Taipei 2013?

Cases, Coolers & PSU’s

CPU's

Gadgets

GPU's & Video Cards

Keyboards & Mice

Laptops, Tablets & Phones

Motherboards & Chipsets

New Tech

SSD's & Memory

Booth Babes

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Business, Financial & Legal Press Releases

View More Business, Financial & Legal Press Releases