Facebook Values Itself at $3.7 Billion (Or Less)

When Microsoft bought a participation of the 1.6 percent in the back part of Facebook in October of 2007, it paid 240 million dollars EE.UU for the preferred stocks, that have done that the company is considered in approximately 15 billions of dollars. A great debate on if Facebook has exploded was really much that it is worth the pain, or 15 million is not a realistic number.

It is that it is, in Facebook is considered in around 3.7 million dollars EE.UU. We know this because Associated Press could remember some details of the transcription of a hearing maintained in June in a legal agreement between ConnectU and Facebook.

Since the AP has done that is interesting in itself, which they have copied and beaten black-of the document in another document. It would surprise to me, but in Mashable once we were also able here to recover information of a similar way, due to the sloppy conversion of a Joost-related Powerpoint presentation to a PDF document.

It is difficult to think that the things happen this way in the subjects of the one of many million dollars, but, obvious, to do. The most interesting point the information of the AP is able to draw its own evaluation of the relative value of Facebook: $ 8.88 by piece, which gives to the company a value of market of around $ 3.7 billions. Facebook This puts in a very uncomfortable situation for several reasons.

First of all, never it is good when the value of its company is perceived like suddenly that the first 4-5 times less. Secondly, although it shares the May preference (but that is debatable and depends on the nature of the action) ordinarier merit, I doubt that Microsoft is pleased in realizing of which pays more serious of its participation in Facebook. And thirdly, the fact that the economic situation is getting worse constantly from June of 2008 it is not to help all the subjects and it would be possible to be said that Facebook is probably much value - from its own samples - that mentioned 3.7 million. That is the danger of an excess of overhyped and, if they appear with tests otherwise, it is possible that soon they discover that they sink much smaller del than it had realistic.


Rewritter Knowledge Management
Via [Thanks, Stan Schroeder]