NEW YORK ( TheStreet) -There has been plenty of talk recently about Facebook potentially going public at a massive $100 billion valuation. Facebook certainly has a huge reach, with over 800 million active users, and more than half of them logging in daily, either via the website or through mobile apps. Despite becoming the world's number one social networking site, though, no one knows exactly how profitable Facebook is.
There have been rumors that the company has close to $4 billion in annual revenue, but nothing has been confirmed yet. At $100 billion, Facebook would be worth almost as much as McDonalds ( MCD). It would be almost four times as valuable as Kimberly-Clark ( KMB), and have a market cap nearly twice that of HP ( HPQ). When Google ( GOOG) went public in 2004, it was only worth approximately $23 billion. Google is now worth around $187 billion. We want to know what you think. Do you think Facebook is worth $100 billion or not? Vote in our poll, and the results will be up Wednesday afternoon:
Interested in more on Google? See TheStreet Ratings' report card for this stock. Check out our new tech blog, Tech Trends. -- Written by Chris Ciaccia in New York >To follow the writer on Twitter, go to http://twitter.com/commodity_bull.
|Is Facebook worth $100 billion? Vote in our poll and let us know.|