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   
  • 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
  • What adult websites offer banner swap?
    How to Nail Your Next Video Script (Plus 3 Mistakes to Avoid) Facebook have caught on. With over 1 billion users they know how we consume content better than anyone. And video... Before Changing a Business Process Determine What Improvement You Seek It’s ...
    04/30/2015 - 1:00 pm | View Link
  • Alibaba: From Start to Now (And Wow)
    Today, over one billion products are listed on the site which is the 20 th most visited website in the world. Ma recognized that consumers had an entirely different need. Their universe of goods and services was limited to the handful of physical merchants ...
    09/18/2014 - 4:15 am | View Link
  • Wow. Just… Wow: Facebook Hits Record $75 Billion Valuation On SecondMarket
    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. I thought my prediction might be a little too optimistic give that it was at a “mere” $70 billion ...
    03/10/2004 - 7:00 pm | View Link
  • More
  • Financial Times
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on
    08/28/2015 - 12:24 pm | View Website
  • Uber Now Valued at More Than $41 Billion
    Uber Snags $41 Billion Valuation Investors Place $1.2 Billion Bet Ride-Sharing Service Keeps Breakneck Pace
    08/28/2015 - 10:29 am | View Website
  • Today's Stock Market News and Analysis
    Please note that once you make your selection, it will apply to all future visits to If, at any time, you are interested in reverting to our ...
    08/28/2015 - 9:03 am | View Website
  • The End of Facebook
    It’s taken five years to get the Booooooom Facebook page to the size it is now and after all that it appears, due to Facebook’s greed, it’s a complete waste of ...
    08/27/2015 - 8:53 pm | View Website
  • Valleywag
    What Happens When a Healthcare Startup Leaves You With the Bill
    08/27/2015 - 8:39 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