Last Wednesday I wrote about some inconsistencies that I saw on ShareharesPost surrounding the LinkedIn valuation. In that post I had mentioned their current valuation of Facebook at $11.96B, up from their June 2009 $4-6B valuation. Today in an email newsletter, SharesPost provided a new Facebook valuation of $13.41B. That’s an amazing jump in valuation in just under a week.
However, over the last month we have heard of large transaction blocks of Facebook stock in the mid $40 share price. When we published our research report valuing Facebook at $50B, the stock was trading between $34 and $38 per share, which gave Facebook a valuation of about $19B.
In today’s SharesPost email newsletter, there is a current bid to purchase 45,000 Facebook shares at $47.00 per share, which would put the current Facebook valuation about $23.5B on the secondary market. That’s a $4.5B increase in valuation since our research report last month.