Wow. Just… Wow: Facebook Hits Record $75 Billion Valuation On Secondmarket

Last week, in our weekly report on the insanely hot Facebook stock trading going on behind the scenes on SecondMarket, I wrote the following: "Do I hear $75 billion next week?" I was sort of kidding. But it looks like the joke is on me!
Sure enough, Facebook did hit a $75 billion valuation on SecondMarket this week, a new record.

Senh: A lot of people will be losing money. It's way overvalued. That's 75 times annual revenue.

Sections:  news   business   
RELATED ARTICLES
  • Microsoft Develops Set-Top Box
    Microsoft has been developing designs for a simple set-top device for streaming video and other entertainment options. More
  • Amazon may be working on a smartphone with hologram-like 3DAmazon may be working on a smartphone with hologram-like 3D
    Amazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through content by using their eyes alone, according to two unnamed people who discussed the phone with the Wall Street Journal. More
BING NEWS:
  • Wow. Just… Wow: Facebook Hits Record $75 Billion Valuation On SecondMarket
    Last week, in our weekly report on the insanely hot Facebook stock trading going on behind the scenes on SecondMarket, I wrote the following: “Do I hear $75 billion next week?” I was sort of kidding. But it looks like the joke is on me! Sure enough ...
    03/3/2011 - 7:00 pm | View Link
  • WOW Guys Prefer Hotties to Fatties
    In another visionary study of spelling out the abundantly obvious under the guise of “developing psychological theory”, scientists in Edinburgh, Scotland, have come to the astonishing conclusion that given the choice, guys will choose hot women over ...
    04/18/2010 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Uploading Photos & Profile Pictures | Facebook Help Center ...
    To add and post photos to Facebook: Click Add Photos/Video at the top of your News Feed. Select an option:
    11/22/2014 - 11:25 am | View Website
  • Uber Gets Uber-Valuation of $18.2 Billion
    Uber Technologies Inc.'s whopping valuation of $18.2 billion is a bet by some of the world's top investors that the car-hailing smartphone app can grow by ...
    11/22/2014 - 7:44 am | View Website
  • CNN Video
    China makes NYC look like the 3rd world. Bourdain: 'The Bronx is a magical place' Bourdain surprised by the modern South
    11/22/2014 - 5:20 am | View Website
  • Welcome to Facebook
    Connect with friends and the world around you on Facebook. See photos and updates from friends in News Feed. Share what's new in your life on your Timeline.
    11/21/2014 - 8:31 pm | View Website
  • How Many People use Facebook, Pinterest, Twitter, iTunes ...
    Thanks Adam. I was thinking the other day that it may be about time for an update. Keep an eye out over the next couple of days… With 845+ million on Facebook alone ...
    11/21/2014 - 7:55 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News