FB's public float appears to be approx 5% of the company's total value. Though relatively small, the stock price of each share should reflect the company's tota

FB's public float appears to be approx 5% of the company's total value. Though relatively small, the stock price of each share should reflect the company's total value. That being said FB is fairly unique in many ways and has been able to draw demand for its equity both as private and now a public company, that appears to defy typical valuations and funding scenarios. The writer maybe correct about FB's current access to capital as a private company, but secondary markets for most companies are generally not so liquid or transparent for most investors.