How much is FaceBook worth? Investors are about to find out when the social media company goes public on the 18th. Indications are the stock will be offered between $28-$35 a share up front and enough shares are on the table to put the FaceBook’s value at nearly $100 billion. It’s principle owners stand to make a killing by selling their own stock options as part of the initial offering with estimates that founder Mark Zuckerburg could be sitting on $1 billion in cash that day. A mere eight years ago, Google went public with pre-IPO estimates predicting $2.7 billion to be raised worth of stock sales. Is FaceBook overpriced or can investors bank on another meteoric chance to “get in early?”
How much is FaceBook worth? Investors are about to find out when the social media company goes public on the 18th. Indications are the stock will be offered between $28-$35 a share up front and enough shares are on the table to put the FaceBook’s value at nearly $100 billion. It’s principle owners stand to make a killing by selling their own stock options as part of the initial offering with estimates that founder Mark Zuckerburg could be sitting on $1 billion in cash that day. A mere eight years ago, Google went public with pre-IPO estimates predicting $2.7 billion to be raised worth of stock sales. Is FaceBook overpriced or can investors bank on another meteoric chance to “get in early?”
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