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Facebook to be the First TRILLION Dollar Company

19 Jan

Goldman Sachs is buying $1.5 billion worth of Facebook stock at a $50 billion valuation.

Wedbush analyst Lou Kerner said that if Facebook were a public company, it would be valued closer to $100 billion right now.

On the secondary markets, accredited investors are actually buying Facebook stock at much steeper implied valuations – sometimes higher than even $124 billion.

Crazy numbers right?

Wait till you hear about the numbers they’re throwing around inside Facebook. The goal is to turn Facebook into the world’s first TRILLION dollar company.

$1 trillion? As in one-thousand billion dollars?! For real? Do you think they will make it? But how soon?

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1 Comment

Posted by on 01/19/2011 in U. S. News

 

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One response to “Facebook to be the First TRILLION Dollar Company

  1. Jo

    01/20/2011 at 10:37 am

    Good job! Not only do we learn about local news, but also happenings around the world

     

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