50 billion reasons why Facebook is not worth $50 billion

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Creado en Martes, 04 Enero 2011 15:04

Última actualización en Jueves, 26 Abril 2012 15:04

Escrito por Domingo Varela

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Facebook's latest valuation verges on the absurd -- its stable of investment partners don't inspire confidence either

It seems Facebook, the social network personally endorsed by God, is now worth more than eBay, Yahoo, and Time Warner -- all without selling a single share to Joe or Jane Public. The reason: Wall Street uber-bank Goldman Sachs, which just pumped another $450 million in venture capital into Facebook, leading to a valuation estimated at a cool $50 billion.

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