Free Facebook Research
How much is Facebook worth? SharesPost has teamed up with third party research firms to provide our members some insight in to the value of Facebook. Click below to download a free research report that includes some or all of the following information:
- Facebook’s estimated revenue
- Facebook’s estimated future earnings
- Facebook’s estimated valuation (potential market cap)
- Facebook’s assumed capitalization (shares outstanding)
- News about Facebook
- Competitive and complimentary sites used to determine the valuation of Facebook
- Facebook’s investors
- Facebook’s executive team
After you’ve reached your own conclusion as to the value of Facebook, you can post to buy or sell Facebook stock. Get started by visiting Facebook’s company bulletin board.
| Research Firm | Report Title | Date | Summary | ||
|---|---|---|---|---|---|
 |
NeXt Up Research | Social Networking: Facebook | 07/02/10 | Summary | Log in / Register to download |
|
VC Experts | VC Experts Valuation Report -- Facebook | 06/28/10 | Summary | Log in / Register to download |
|
GigaOm | 04/27/10 | Summary | Log in / Register to download | |
|
Blueshift Research | Social Networking Sites Seek Growth Through Mobile-Based Tools, Targeted Ads, Aggregation | 01/22/10 | Summary | Log in / Register to download |
The following is a sample of the Facebook NeXt Up Research report which provides a thorough analysis of the Facebook's market, products, and value. It includes sections titled Investment Thesis, Market Overview, Competitive Landscape, M&A Activity, Company Overview, Financials & Valuation, Investors, Management, Board of Directors, and Recent News, plus various appendixes.
Social Networking: Facebook
NeXt Up! 07/02/10
Investment Highlights
Leader in Social Networking: Facebook has the highest number of monthly unique visitors more than thrice that of MySpace. The network effect should help Facebook remain in the growth phase for the next few years.
Cash Flow Positive: It is one of the few social networking sites worldwide that is generating profit. Facebook turned cash flow positive in 2Q09.
Virtual R&D from a million Developers: Facebook has over 1 million registered developers – a support network that results in hundreds of millions of dollars in virtual R&D budget for the company. We believe none of its direct competitors have such advantages.
Valuation: We used three methods to arrive at an enterprise valuation of between XX for Facebook, an estimated price per share of XX for common stock.
Investment Concerns
Growth in and Size of User Base Does Not Correlate to Revenues: Facebook’s revenue per user is half that of MySpace and declining, in our estimate. We note that Google has expressed disappointment with its deal with MySpace, underscoring the challenges in this evolving medium.
Litigations can divert the Management’s Focus: Facebook has faced a number of litigations from various parties regarding copyright issues and invasion of privacy over the years. Any lengthy litigation can cause the management to lose focus on the company’s business.
Valuation Appears to Reflect Most of its Near Term Potential The recent round of financing places the value of common stock at XX than what our methodology suggests. We note that no VC firm has participated in any of the rounds in the last three years. These newer rounds have been made by strategic investors such as Microsoft, La Ka Shing and Digital Sky who may not share the same investment objectives of a typical VC firm.
Check out other free research reports from SharesPost.
This information and all information and opinions contained in the research reports are qualified by these Disclaimers