The Secret to Facebook’s IPO Value

/secret-facebooks-ipo-value

  • The Secret to Facebook’s IPO Value (The Nation)
    http://www.thenation.com/blog/166388/secret-facebooks-ipo-value

    There is one thing missing in most of the hype over Facebook’s massive IPO. Everyone knows the company is popular, with 845 million users, and successful, with a potential valuation of $100 billion dollars. (That’s five times the size of Google’s 2004 debut.) But what exactly makes Facebook so valuable? You. Its users. Or more specifically, its users’ stuff. In fact, in the modern era, Facebook’s IPO will constitute one of the largest voluntary transfers of property from a large group of people to a corporation. (...) Source: The Nation