Facebook to be worth over $40 billion dollars next year?
As WSJ reported, Facebook will probably go public in 2011, once it has reached a year of $1 billion behind it in sales. So a bunch of investors were polled about what they think the market capitalization would be – The results came to be between $35 and $40 billion dollars!
Although, some brave analysts have even suggested that the amount would be $59 billion in 2011 (a market cap over 2 times bigger than that of Google’s in 2004), and up to $100 billion dollars by 2015.
Priit suggests that the time of poster-boy Google may soon be over. Replaced by the poster-boy Facebook. Over everything else, people want to communicate. And right now, nothing enables us to do it better than Facebook.
What do you think? Would you buy Facebook shares?