As the WSJ reported in a big page one story today, Facebook will probably go public in 2011, once it’s had a year of $1+ billion in sales behind it. (The company expects to do between $1.2 billion and $2 billion in sales this year.)
So what is the company going to be worth once it does go public?
“Investors currently buying or looking to buy Facebook shares anticipate… a market capitalisation of between $35 billion to $40 billion, according to people familiar with their thinking,” the WSJ’s Jessica Vascellaro writes today in a blog post related to her article.
She adds, “Some analysts are even more bullish, suggesting that Facebook could be worth $59 billion in 2011 and more than $100 billion by 2015.”
Either way, as Vascellaro reminds us, that could beat Google’s $27 billion market cap on its first day of trading in 2004.
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