Facebook is now ‘worth’ USD33B

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The Financial Times said that the implied valuation of Facebook is worth about USD33 billion which bigger some of the major Internet giants like Yahoo!(USD18.3B) and Ebay(USD30.1B).  

David Gelles, a reporter for The Financial Times wrote: “Common stock in Facebook is trading as high as $76 a share as investors scramble to get a piece of the company before it files for an initial public offering, which analysts say could be the biggest technology IPO since Google’s $1.67bn flotation in 2004.

This is amazing for a company that is barely 6 years old … and now so big. I guess its a good time for people to get a job with Facebook so that they can get the common stock. Whenever and wherever that they go IPO (whenever the economy recover perhaps) – those guys will be millionaire on paper!

I guess, the recent evaluation is in time for the new movie called The Social Network! A movie on Facebook 😀 kekekek

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