Facebook Worth $33 Billion: REPORT

Facebook Worth $33 Billion: REPORT

The value of huge social networking operation Facebook is a matter of endless debate among experts. The company has over 500 million members, but by most estimates will have revenue of only $1 billion to $1.5 billion this year. Management says that advertisers are flocking to the site, but how much that will bring in total sales remains to be seen.

The Financial Times reports that Facebook's value may now be over $33 billion.

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