Facebook Inc. is expected to go public this week. The world is anticipating that the biggest social network to file for an initial public offering this week, and most indicators point to $10 billion in stock and a valuation at over $100 billion. Our friends from Statista have pulled down a swell of stats on the company’s mind-boggling ascendance in recent years.
In September 2011, Facebook reached 800 million users worldwide. The number of Facebook users in the U.S. is currently around 130 million. It is expected to reach 150 million users by 2013. Facebook.com is run by the Palo Alto, California-based and privately held Facebook Inc.
In 2011, Facebook generated 3.5 billion U.S. dollars in revenue, most of which derived from advertising sales. The amount of data the company collects from its users enables it to sell well-targeted advertising space, which is why Facebook’s advertising business is expected to grow vastly in the years to come. The company is expected to go public in the near future. Analysts are predicting a valuation of up to 100 billion U.S. dollars, which would put Facebook amongst the biggest IPOs of all time.
But pause a moment to consider the ratio of income to value. As the infographic below points out, if we were to project, say, Apple’s valuation on the same scale, the tech giant would be worth at least $2.2 trillion. Does a perspective like that indicate a dangerous gulf between perceived and actual value? Tell us in the comments below.