Facebook appraisal pegs company's value at $3.7B

February 12, 2009 By MICHAEL LIEDTKE , AP Technology Writer

(AP) -- Facebook Inc. quickly concluded it wasn't worth anywhere near the $15 billion market value implied in a 2007 investment made by Microsoft Corp., according to confidential information obtained Wednesday from court documents.

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• bluehigh - Feb 12, 2009
  • Rank: 4 / 5 (1)
  Facebook is worth near to nothing. Another over hyped business model that can only exist with advertising. If Google/Microsoft/Venture Capital don't buy it, its worth zilch. Same for twitter et al. All worth zero.
  Global economic crisis? Hey the banks are still reporting profits! Did Facebook earn more than outgoings last year? No, its a credit black hole.
  
  
  
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