40 Billion: What Facebook Has Lost In Market Value Since The IPO
We had tracked the Facebook IPO quite closely, had written about the market value of a facebook user, the issues with facebook's valuation and why the Facebook IPO pricing was wrong. We spotted this today:
"Facebook, worth $51.2 billion, has lost about $40 billion in market value since the IPO, making it the worst performer among all large IPOs on record, according to data compiled by Bloomberg."
Statistics Source: Bloomberg