Stories Related to 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

 

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