Facebook has an IPO price range in the high $20s to mid $30s, giving it a valuation of $85 billion to $95 billion, the WSJ reports.
This is just the inital price range, so we wouldn’t be shocked to hear that it comes up, or prices at the high end of the range when it’s all said and done.
A source tells Constine, “If y/y rev growth had accelerated, we could be talking LinkedIn multiples. Plus LI has expanding margins, which FB doesn’t.”
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