Tag Archives: company valuation

Facebook Roughly Valued at 50 Billion

by Posted under Social Media | No Comments
According to Forbes, sources inside Facebook confirm $500 million investment via Goldman Sachs and other investors. This would value Facebook at roughly $50 billion. This is on the heels of a recent valuation based on a sale of about a half a billion shares of Facebook in secondary market trading (see the story here http://techcrunch.com/2010/11/29/facebook-now-worth-50-billion-in-secondary-trading/ ). Many think this valuation is insane at about 25X earnings (Facebook's earnings are reported at about 2 billion). What does this mean for insurance agents and agencies or any business for that matter? It further proves the point that Facebook is a real business. As a matter of fact, Facebook just Read more [...]
Share

Groupon’s Growth Is Amazing

by Posted under Business | No Comments
According to a recent Reuter’s story, internet advertising Groupon is looking to raise 950 million. Groupon is literally the fastest growing company EVER - http://www.forbes.com/forbes/2010/0830/entrepreneurs-groupon-facebook-twitter-next-web-phenom.html They turned down a 6 billion dollar offer from Google. You can read about the offer here http://mashable.com/2010/11/30/google-groupon-6-billion/ Groupon’s business model is highly profitable. I signed up for the service a couple months ago after reading about them in Forbes. They offer coupon’s (which are called “groupons”) on their local websites like http://www.groupon.com/subscriptions/new?utm_content=2s301&division_p=providence If Read more [...]
Share