Facebook = $50 Billion? – Apparently not if you look at the data

Damian Thompson writes today on the telegraph with data that appears to show that anyone who has bought into Goldman Sachs’ $50 billion valuation of Facebook, which is based on projections of revenue growth that seem ludicrously optimistic in the light of the data now available …

Here’s a chart showing year-on-year growth (again, click through). The overall picture could hardly be clearer: Facebook’s once phenomenal growth has pretty much stopped in Europe and America, and in France it’s now declining by 10 per cent year on year.

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You can read the full article here.

Bottom line … right now looking at the data, I’d personally not be buying into the facebook bubble.

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