What is Facebook really worth?

Glenn Glenn's Blog 0 Comments

I’ve been following the Facebook flotation with much interest ~ or should I say bemusement. Facebook’s flotation price per share was a whopping $38 and my initial reaction at the time was “really, can a company like Facebook really be worth that much?’. Sice flotation Facebook shares have ‘slumped’, but I tend to see this as them levelling out to …