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Facebook in 2013: More Growing Pains Ahead

Friday, December 28, 2012 10:51
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(Before It's News)

In SoMeIT (Social Media Information Technology), we are fully dedicated to satisfying all of your web needs, integrating your business to social networks.

We’ll get to our Facebook predictions for 2013 in a minute. First, here’s a pertinent prediction from 2011.
In January of that year, when Goldman Sachs had just become an investor, Facebook could do no wrong. A financial analyst called Albert Babayev made what he felt was a conservative and sensible prediction about the social network’s value, presuming it stopped skyrocketing. By 2013, he wrote in a comprehensive spreadsheet, its market cap will be around $224 billion, give or take.
Facebook’s market cap this week, as we head into 2013, is $55 billion, give or take.
How did middle-of-the-road analyst expectations underperform by anything like $175 billion in corporate value? What… Continue reading…
More About: Business, Facebook, features, Predictions 2013, Social Media

source: http://feeds.mashable.com/~r/Mashable/~3/eSX1jyksb5o/



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