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Facebook Passes EBay in Value, Becoming No. 3 U.S. Web Company

• RtodaAV 16y ago
  Sorry but this is funny.
  • zaidf 16y ago
    What part?
    • RtodaAV 16y ago
      Why would they compare a proven company to a company that hasn't broke a profit yet?
      • _delirium 16y ago
        Most reports have Facebook turning a profit in 2009, though since they aren't a public company it's hard to verify any of the financials.
        • RtodaAV 16y ago
          If they did, I would expect a IPO around now then.
          • qq66 16y ago
            why?
      • zaidf 16y ago
        Because seemingly people with money seem to value it more than they value the proven company.
  • scrrr 16y ago
    No, it's just ‘Fundamentally Speculative’.
• albahk 16y ago
  You cannot meaningfully compare valuations of a public and non-public company. eBay has to disclose honestly (under threat of tough securities laws) all its financial information and major decisions to analysts who look for weaknesses and holes. Anyone can dump all their ebay shares instantly if the company starts to stink too much. Facebook shares are not subject to any outside scrutiny and those that do hold them are in a privileged club. If you are in that club, you will talk up your investment because your payday is coming soon (IPO). Even if the company stinks, you need to keep up the appearance that it smells like roses until you get your payday. Once Facebook opens up to the public market analysts then we can see how much it is worth, until then its all rubbish.