Facebook: Will The Market Value It At 96 Billion?May 9, 2012 11:01 pm
We had written multiple articles on Facebook valuation – we had spotted the issues with Facebook valuation as well. As the IPO date nears, Facebook is facing big issues around convincing the market on its valuation numbers. For example, it has been forced to declare that mobile is a problem area. We spotted this today:
“Facebook today amended its S-1 filing with the SEC to emphasize how the shift of its users to mobile devices is hurting what it can charge for ads, threatening its long-term revenue.
Facebook has already highlighted that it so far has no way to monetize its growing number of mobile users, and today’s additions to the document reiterate that issue.”
Statistics Source: CNet News