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Facebook valued at $23 billion?


When equity firm Elevation Partners bought $120 million in Facebook stock, it also revealed a little factoid as well, says Reuters: The social networking site is worth $23 billion. In 2009 alone, the company allegedly generated between $700 million and $800 million with its 500 million users. 

Read the full story at Reuters.

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  • Fabian Schlosser

    That’s $46 per user!

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