Facebook Is Worth 10 Times As Much As Twitter On Private Markets

Sheryl Sandberg

Photo: Jurvetson

80,000 Facebook shares just went for $33.00 a pop in an auction put on by secondary shares market Sharespost, according to an email Sharespost sent investors.That’s an implied valuation of $74 billion.

That’s 10X bigger than the valuation a similar auction set for Twitter shares last week.

The $2.6 million auction was oversubscribed – meaning, there was more demand for stock at that price then there was supply. (It’s likely Sharespost wouldn’t have it any other way.)

General Atlantic spent $65 million on Facebook stock at a $65 billion valuation last week. Before that, Goldman Sachs and its foreign clients invested $1.5 billion at a $50 billion valuation.

So yes, this sale is a tiny one compared to more recent institional investments in Facebook. It’s significant in that it shows wealthy individuals are chomping at the bit to get a piece of Mark Zuckerberg’s company before it IPOs in 2012.

Related: The Only 10 Things More Popular Than Facebook

The Only 10 Things More Popular Than Facebook

HINDUISM: Including these pilgrims in India, there are about 950 million Hindus in the world.

ISLAM: These three guys in China are among the 1.57 billion Muslims in the world

CATHOLICISM: 1.166 billion people call themselves Catholic – these Vietnamese nuns and pilgrims among them

THE MOVIES: Americans alone bought 970 million movie tickets last year.

CHINESE NEW YEAR: 700 million people traveled somewhere to celebrate the Chinese New Year this year

MICROSOFT: There are 2 billion PCs out there. Most of them run Windows. Also, Comscore says 800 million people visit Microsoft Web sites each month

THE WORLD CUP: 700 million people watched the World Cup final live on TV

CHILEAN MINERS: One billion people watched coverage of the Chilean mining rescue

WALMART: 200 million people go to Walmart every week.

GOOGLE: Comscore says almost a billion people visit Google each month

DID NOT MAKE THE LIST: There are only 647 million protestant Christians in the world.

BONUS: Apple has sold 275 million iPods. Considering Facebook is free, that's impressive competition.

WHY NOT COMPUTERS? There are about 2 billion computers worldwide. We didn't put PCs on the list because it's a generic item. There are a lot of pencils out there too.

So, who's going to make bank off this global phenomenon?

  Tags: Features, Facebook [Get Alerts for these topics »

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