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The question that needs to be asked again: Is Facebook really worth 12-digits?

Lorie Wimble
Verified
1 minute read

$100,000,000,000. A one followed by 11 zeroes. Has social networking truly become so lucrative that Facebook's intention of launching their initial public offering on May 17th will yield a company that can raise $10 billion against such a lofty valuation?

It's a question that was being asked when Facebook was worth 1/3rd of where it is now. The question will be asked until it fails or clearly succeeds. What do you think? Is Facebook really worth that much?

Disclaimer

This article is for informational purposes only and does not constitute financial, investment, tax, or legal advice. Market data, tax rules, and prices can change after the article date. TECHi and its authors may hold positions in securities or digital assets mentioned. Always conduct your own research and consult a licensed financial, tax, or legal professional before making decisions.

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About the Author

Lorie Wimble
Lorie WimbleReviewedScore 50

Lorie is the "Liberal Voice" of Conservative Haven, a political blog, and has 2 astounding children.

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