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Facebook now worth $50 billion?

Facebook now worth $50 billion - now worth more than eBay and Yahoo!

| 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!!

 

TweakTown image news/1/7/17800_335.jpg

 

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.

 

NEWS SOURCES:Techcrunch.com

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