Monday, May 2, 2011

Facebook exceed its forecast of growth

Facebook's growth is higher than an estimate forecasts made several months ago. The Wall Street Journal, citing unnamed sources, the social network is about to exceed 2 billion dollars (1.35 billion euros) in gross operating profit (EBITDA) in 2011. Facebook, which has more than 500 million subscribers, is growing faster than the growth forecast that circulated when Goldman Sachs and Digital Sky Technologies have invested in the company, writes the business daily in its online edition Sunday 1 May The investment by Goldman Sachs and Digital Sky Technologies in the social network was performed in January at a price per share corresponding to a valuation of 50 billion dollars (33.74 billion euros).

A VALUE OF 100 BILLION DOLLARS? But according to the Wall Street Journal, the benefits of Facebook now increasing fast enough to justify a valuation of $ 100 billion (67.48 billion euros) or more, in the context of an IPO. Such recovery "would make Facebook a major new technology companies, including Amazon and Cisco eclipsing", analyzes the business daily.

Facebook declined to comment on this.

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