...Facebook
With the highly anticipated movie coming out this Friday, The Social Network, and with the founder, Mark Zuckerberg, giving $100 million to the Newark school area last week on Oprah, a man who has an estimated net worth of $6.9 billion, a new question is being raised, how much is Facebook worth? A couple of years ago Mark's net worth was $1.5 billion and Microsoft estimated that Facebook was worth about $15 billion. Now that employees are selling shares of the company to others on the secondary market, it is estimated that the company may be worth up to $76 a share or $33 billion. This seems a little extreme to me, but it could be possible. Technically Mark Zuckrberg is paper rich, cash poor. The company does not have to go public until more than 500 people have shares of the company, that is what happened to Google, which is worth $529.76 a share. Eventually if not sold Facebook may go public. There is still a chance that a lot of very wealthy private investors and companies will continue to pour money into Facebook until they own mostly all of it. Since the company is not public they do not have to 
disclose finance records, so no one really knows how much it is worth, everything out is just estimates based on current activity. I could imagine this being one big bust in a few more years. I am giving Facebook a Digit Up because I love the mystery of it all and in the end "the Facebook" will win and Mark Zuckerberg will go home with more than a few pennies to rub together.
With the highly anticipated movie coming out this Friday, The Social Network, and with the founder, Mark Zuckerberg, giving $100 million to the Newark school area last week on Oprah, a man who has an estimated net worth of $6.9 billion, a new question is being raised, how much is Facebook worth? A couple of years ago Mark's net worth was $1.5 billion and Microsoft estimated that Facebook was worth about $15 billion. Now that employees are selling shares of the company to others on the secondary market, it is estimated that the company may be worth up to $76 a share or $33 billion. This seems a little extreme to me, but it could be possible. Technically Mark Zuckrberg is paper rich, cash poor. The company does not have to go public until more than 500 people have shares of the company, that is what happened to Google, which is worth $529.76 a share. Eventually if not sold Facebook may go public. There is still a chance that a lot of very wealthy private investors and companies will continue to pour money into Facebook until they own mostly all of it. Since the company is not public they do not have to 
disclose finance records, so no one really knows how much it is worth, everything out is just estimates based on current activity. I could imagine this being one big bust in a few more years. I am giving Facebook a Digit Up because I love the mystery of it all and in the end "the Facebook" will win and Mark Zuckerberg will go home with more than a few pennies to rub together.
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