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Facebook Valuation of $23 Billion

June 30, 2021 | Tina Chubb


Facebook Valuation of $23 Billion

A recent valuation of the popular social networking website Facebook – carried out by private equity firm Elevation Partners – has revealed that Facebook is worth a whopping $23 billion. That works out at more than triple what it appeared to be worth in 2009.

According to a recent article at, at nearly 30 times trailing sales, that figure is about twice the multiple that Google achieved when it went public back in 2004. It’s sort of understandable though, as Facebook is becoming more and more popular.

The site has almost 500 million users now, which is almost twice as many as it had around this time last year. While the company says that its cash-flow is positive, profit and the website’s ability to scale up, are still unclear at this moment in time.

According to Breakingviews, there is plenty of growth to come with Facebook. However, the website’s expansion does rely on places such as Russia and India, where many customers are relatively poor. And privacy concerns may hamper its ability to generate more cash from existing users.

You can read more about this, via the link above.

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