Facebook.Bomb?


 

Author

Nigel Lake & Andrew Paddon

Title

Facebook.Bomb?

Synopsis

Facebook appears to be hugely overvalued compared to industry titans such as Google. The company’s proposed IPO valuation multiple is more than twice where Google started life as a listed company. Of course, with only 12% of the company being sold in the initial offering, there is every chance of vintage champagne froth in the share price following listing. Will this last, or is Facebook a new age dot com bubble waiting to burst?

 
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