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Facebook now worth $50 billion?

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

@anthony256
Anthony Garreffa
Published Mon, Nov 29 2010 10:11 PM CST   |   Updated Tue, Apr 7 2020 11:20 AM CDT
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!!

Facebook now worth $50 billion? | TweakTown.com


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 SOURCE:techcrunch.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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