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Facebook Inc. isn’t worth $50 billion, according to a poll of global investors that shows skepticism about Goldman Sachs Group Inc.’s recent estimate of the largest social-networking site’s value and concern that a bubble may be forming in the technology sector.
Sixty-nine percent of investors say Facebook is overvalued after Goldman Sachs invested $450 million in a deal that put the company’s worth at $50 billion, according to the quarterly poll of 1,000 Bloomberg customers who are investors.
Originally posted by antonia
reply to post by tristar
So it's the social-media bubble? Well guys, invest in start-ups and sell when the euphoria starts.
Well, that's what the smart folks do anyway.edit on 27-1-2011 by antonia because: RAWR