We're all awaiting with bated breath for the Facebook S-1 to drop this week. According to various leaks, Facebook's operating profit was around $1.5 billion in 2011 and its revenues were something like $4 billion. We'll know soon enough whether that's true, but if so, it makes Facebook's reported $85-100 billion valuation sound insane.
Is it?
Well, anyone can argue that it's high. But we don't think it's insane.
To read the full, original article click on this link: Think Facebook's $100 Billion Valuation Is Nuts? Read This
