As Facebook is finally going public and it would be worth
about $104 billion when it debuts at $38 a share, and there's guaranteed to be
a pop once it starts trading.
That means that the total value of Facebook, an
eight-year-old company, is more than some of the largest, most successful
companies in the world that have been around for decades.
Here are some of the most interesting ones:
1.
Hewlett-Packard, one of the largest PC makers in
the world, is smaller than Facebook. It's worth $44 billion — less than half of
Facebook's titanic $105 billion valuation. HP also just laid off about 25,000
employees.
2.
Facebook is four times larger than Dell, another
super-giant PC and server maker. Dell has a market cap of about $26 billion.
It's still trying to find its way in the post-PC era.
3.
It's bigger than Salesforce.com, a company that
is more or less partially responsible for the cloud computing revolution.
Salesforce is only worth around $20 billion — and its interns end up as
high-ranking officials from time to time.
4.
Starbucks, the coffee chain that literally
appears twice on every corner. Starbucks is worth about $40 billion — less than
half of Facebook. We hear plenty of horror stories about Starbucks.
5.
The New York Times, one of the most prestigious
content publishers in the world, is a blip compared to Facebook. Sharing is
apparently worth 105 times more than some of the best content available on the
Internet. The New York Times is worth slightly less than $1 billion. A bunch of
New York Times staffers are actually planning to quit.
6.
Target, a huge big-box retailer similar to a
higher-end version of Walmart, is worth less than half of Facebook. Target has
a market cap of about $37 billion — well short of Facebook's expected
valuation. Target actually raised its guidance this week, raising its value.
7.
Facebook barely edges out Amazon, the largest
online retailer in the world. Amazon is worth about $100 billion, while
Facebook is worth just a smidge more. Amazon'sKindle has been a bit of a bust
so far.
8.
Disney is worth about four-fifths of what
Facebook is worth. The owner of ESPNand a ton of other properties is worth
about $80 billion. Disney could soon be replaced by Rovioas one of the biggest
media properties in the world.
9.
Facebook is worth twice as much as eBay. eBay
has a market cap of about $50 billion.
10.
Facebook is worth about 10 Nokias put together.
Nokia, one of the largest phone manufacturers in the world (not smartphone), is
worth about $10 billion. The Nokia Lumia 900 isactually pretty nice, though.
It is not surprising that the Facebook is paying much better to its engineers as compared with the other companies in Silicon valley, thereby attracting the best of the talent.
But Facebook still isn't bigger than the typical tech
giants: Google, Microsoft and Apple. Microsoft is worth about $250 billion,
while Google is worth $204 billion and Apple is worth about $500 billion.
Let us wait and watch the story of facebook at the stock
exchange
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