Facebook Rides High With $87.5 Billion Valuation

Must Read

Freshers Rejoice As Cognizant To Hire 20,000 Digitally Skilled Graduates With Eye-Popping Salary Packages

American multi-national Cognizant is gearing up to be on a hiring spree as they plan to hire...

Freshers’ Salary On The Rise In IT Companies Amid Mid-Level Layoffs

The Information Technology industry in India is recently going through some turmoil with massive mid-level layoffs taking...

How A Professional Tech Writer Can Market Your Business?

The product is ready after much designing, planning, and execution. What is it that is required now? An in-detail...
adminhttp://dazeinfo.com
An avid industry analyst passionate about Mobile, Technology and Entrepreneurship. A internholic user can be found by "amit6060" on social networks.

The incredible growth of social media is showing sign to slow down.  Titans of Industry are constantly appreciating their reach as well as their market value. Latest, Facebook has improved market valuation to $87.5 billion – assuming company still holds 2.5 billion outstanding shares – when its stock closed at $35 in an auction on SharesPost.

Compare to last auction held in April this year, Facebook share price has been improved by $3. Undoubtedly, this will only blow the susceptible Tech bubble further. Recent market response of LinkedIn IPO, which almost doubled the company valuation over night, has already triggered the discussion over the possible threat of another Tech bubble under ‘incubation’.

Last year, Facebook decided to postpone its IPO for 2012 and if the growth of the company as well as Industry remains the same, certainly Facebook will be worth $100 Billion or more when it will hit the IPO floor. Also, with 685 million users currently, company is expected to celebrate 1 billion users mark by end of this year.

Advertisements

Last week, we had unveiled a comparative infoghraphic on growth, valuation, market share and reach of few much appreciated online companies like Facebook, Twitter, LinkedIn etc. One message which was very clear and loud – “Most (I would say “All’ rather) of those companies are overvalued. Consequently, debate has been fired on “Is another Tech bubble is shaping up?”

SharesPost sent the following email to members about the auction:

We are writing SharesPost members like you who indicated they would like to occasionally receive news from SharesPost.

We would like to inform you that SharesPost’s affiliated broker-dealer completed its auction of 100,000 shares of the Class B Common Stock of Facebook, Inc. yesterday, May 26th. A clearing price of $35.00 was established at the auction. Members submitting Qualifying Bids at or above the clearing price will be contacted shortly with instructions on next steps for completing this transaction.

SharesPost members who wish to be informed of and be eligible to participate in future auctions of private company securities must first be qualified by our affiliated broker-dealer as an accredited investor under the securities laws. To get qualified, please click on the green button below. We look forward to serving you at SharesPost in the future.

Advertisements

We are leaving on you to decide and give you verdict on whether we are heading for another bubble blast or is it’s a serious growth ?

3 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Paytm And PhonePe Will Spend Jaw-Dropping Amount On Marketing Efforts In 2020

It has recently been reported that Paytm and PhonePe which are leading digital payment companies of India...

SEO Secret: Meta Description Drives More Clicks Than Title, Reveals Study!

If you are a digital marketer in 2020 or someone who takes a keen interest in consumer behaviour, you’d be shocked with...

Chrome Had More Than 500 Harmful Extensions: Users Beware!

Google is committed to providing a clean, safe and enhanced internet experience through its Chrome browser. In a bid to do so,...

Why Zuckerberg Endorsing A Move That Could Be Bad For Facebook!

Facebook Inc. (NASDAQ:FB) has been under the radar of several governmental institutions and privacy regulators for their overly alarming activities related to...

Microsoft Warns Millions of Windows 10 Users, And It’s Scary!

Microsoft’s Windows 10 update worries seem to haven’t stopped even after they started to secretly offer Windows 10 for free. Despite Microsoft’s...

Microsoft Study Reveals Indians Have Become Less Digitally Civilised Than The Previous Years!

With the coming age of digital boom in India, more and more people have been gaining access to the internet and have...

In-Depth: Dprime

YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

Online video sharing platform YouTube can be a ruthless place for content creators targeted by 'dislike mobs'. And the site owners totally understand that...

Facebook Has Pulled Off A Masterstroke By Integrating Its ‘Family Of Apps’?

It’s indeed hard to believe that ONE man sitting at Menlo Park, oversees how nearly a third of the world’s population interacts with each...

Facebook’s Crunch Conquest: By Relying Largely On The US Market, Is Facebook Running a Risk?

Two billion! That's Facebook, Inc. (NASDAQ: FB) for you - Right when you thought that this social-media giant has already connected the entire world, it's...

More Articles Like This