Skip to main content

Facebook Now Valued at $85 Billion

Facebook's secondary stock just hit $35, which gives the company apparently a market valuation of about $85 billion. The valuation of the services has climbed by almost $7 billion in less than two weeks.  Given the pace of Facebook's stock, it appears reasonable to assume that the company will be valued at more than $100 billion before we enter the second half of the year.

SharePost just announced said that the most recent auction of Facebook stock closed with the second highest Facebook share price. 100,000 shares were sold for $34 per share. If you were among those who were upset that they did not get early enough AOL shares in the second half of the 1990s, you can now probably assume that you missed Facebook as well. However, given Facebook's traction, there is reason to believe that the company will touch $100 billion soon.

Slowly but surely, however, it may get more enticing for some to unload Facebook shares again. There is a rumor that Facebook co-founder Eduardo Saverin just sold a portion of his stock for $500 million.   

According to market research firm Socialbakers, Facebook's other data is growing as well. The site is now estimated to be the virtual home to 642.6 million people - 152 million of which are in the U.S., 35 million in Indonesia and 29 million in the UK.

  • cadder
    How does this work?

    $85 billion divided by 643 million members means $132 per member. How could the stockholders get $132 of value for each member?
    Reply
  • nforce4max
    Woohooo let it like the .Com era.

    Boom then go bust :D
    Reply
  • iam2thecrowe
    i never understood facebook and still dont understand it. myspace was the same thing, yet that died off and everything was all of a sudden about facebook. hopefully there is some lawsuit that kills off facebook because i hate it, my wife spends too much time on it.
    Reply
  • aznguy0028
    iam2thecrowei never understood facebook and still dont understand it. myspace was the same thing, yet that died off and everything was all of a sudden about facebook. hopefully there is some lawsuit that kills off facebook because i hate it, my wife spends too much time on it.There's one overwhelming difference. Myspace was a piece of crap, design wise. Each individual's page was cluttered with horrible music (trying opening 5 diff. users pages at once, you'll hear terrible convergence of music), and their own background which were often loaded with terrible colors/patterns that made any updates or information virtually impossible to find without going blind. Facebook's pages are designed with uniformity and ease in mind. It's simple to navigate and you know generally where everything is on everyone's page. Like facebook or not, it's your personal preference. As for me, I got on facebook when it was only limited to college campuses only, so all my friends/social network is on there.
    Reply
  • christop
    Must be nice to own something worth 85 bill!
    Reply
  • john5246
    LMAO $85 billion

    in 5-10 yrs kids will be like "huh, what's facebook"

    Reply
  • virtual home? meaning people spend too much time on facebook? hah
    Reply
  • eklipz330
    john5246LMAO $85 billionin 5-10 yrs kids will be like "huh, what's facebook"why is everyone saying this? what makes you so positive that facebook is going to go the way of myspace?

    it has gained more traction that any other social network in existence. it has the attention of every company everywhere. companies advertise and market on facebook, and use it to connect to many many people. it's not going anywhere, i'm sorry if that fact breaks your heart.

    twitter, on the other hand, might.
    Reply
  • duk3
    Can't wait until FB dies out in a few years when something "better" comes around.
    Reply
  • tsnorquist
    Burn it with fire!
    Reply