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If I understand this article correctly, I think it's pretty crazy how an investment of less than $7 million has caused FB's valuation to go up 20billion.
by brok3nmachine 15y ago
If I understand this article correctly, I think it's pretty crazy how an investment of less than $7 million has caused FB's valuation to go up 20billion.
- amirmc 15y agoYup, but that's how the maths works out. Although FB also seems to be valued at $70b on SecondMarket too.
- astrec 15y agoIt hasn't. You've just read an appallingly naive extrapolation in lieu of an actual valuation. I'd expect better of Forbes, frankly. The only news here that isn't useless conjecture is that GSVC bought 225k shares @ $29.28.
- lurker19 15y agoGo Bayesian. Update your expectation based on Forbes's long term performance, not their financy sounding name Forbes is the People Magazine of the business world.