Facebook shares on private secondary markets like SecondMarket and SharesPost spiked briefly in March to $34 - an $85 billion valuation. But they settled down to around $31.50 after that and have mostly stayed around that level since then. But something caused the shares to surge past that old record to a solid $35 per share in this week's auction. Our guess is that newly public LinkedIn's somewhat impressive P/E ratio of 2,500 may have something to do with it. $35 per share values Facebook at roughly $87.5 billion. Which is a steal compared to the way the public markets are valuing LinkedIn.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/YNAJxvBEWcg/
LAND SOFTWARE LAM RESEARCH L1 IDENTITY SOLUTIONS KINGSTON TECHNOLOGY COMPANY KEY
No comments:
Post a Comment