Facebook Overvaluation Explained By Damodaran – ValueWalk Premium
Aswath Damodaran - Cash Burn

Facebook Overvaluation Explained By Damodaran

Facebook Inc (NASDAQ:FB) on IPO day was a sight to see. The disaster of the company’s offering was both spectacular and disastrous. Everybody has read a hundred times the problems that led to the stock’s blip that day and its subsequent fall but many less have much to say about how the massive overvaluation happened in the first place. For the last month, the firm’s stock had been called overvalued . . .

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