Blodget Says Facebook Is Only Worth $9 Billion, Hypothetically Speaking
April 28, 2008 at 14:35 PM EDT
Putting a value on private companies is hard enough for insiders and venture capitalists who have full access to the company’s financial statements. When outsiders try to do it, even well-informed ones, it is nothing more than a guessing game. But it is nonetheless perhaps one of Silicon Valley’s favorite parlor activities. [...]