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Facebook now worth $50 billion?

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

By Anthony Garreffa from Nov 29, 2010 @ 22:11 CST

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!!

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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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