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News & Features 10 Giants that Facebook is Now Worth More Than

10 Giants that Facebook is Now Worth More Than

Written by Entrepreneur Country on Wednesday, 05 January 2011 11:36
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Goldman Sachs recent, much written about $500m investment in Facebook's recent investment from Goldman Sachs gives the social network company a valuation of $50 billion. The valuation not only makes it one of (if not) the largest private Internet companies in history, but it's also bigger than many established household-names such as Starbucks.

Facebook is reported to have made around $2 billion during 2010, less than EBay ($2.2 billion), Yahoo ($1.6 billion) or Time Warner's ($6.4 billion) during Q3 of 2010.

The one thing Facebook has however that other companies don't is meteoric growth. During 2010 its revenue grew by about 150 percent, while users skyrocketed from approximately 350 million users to almost 600 million.

10. The New York Times Company ($1.4 billion)

Screen_shot_2011-01-05_at_11.26.36

 

The New York Times may have broken the story of the Facebook's latest funding and $50bn valuation but with its own worth around the $1.4bn mark, the iconic New York Times Company is valued at just 3% of the social media novice.

 

 

9. Yahoo ($21.9 billion)

Screen_shot_2011-01-05_at_11.27.25

Comparing Yahoo to Facebook these days is like comparing chalk and cheese. Yahoo's star has been on the fall for some time now with revenues stagnating, even in a thriving Internet economy. During 2010 Facebook surpassed this ailing giant in both user time spent browsing, not to mention, influence, buzz and almost any other metric you can apply.

 

8. Starbucks ($25 billion)

Screen_shot_2011-01-05_at_11.29.08

 

 

Starbucks customers may enjoying socialising the old fashion way but even a reported 17 000 stores and 137 000 employees in 50 countries sees the Starbucks coffee chain earn a valuation of just half that of Facebook.

 

 

 

7. Dell ($26.5 billion)

Screen_shot_2011-01-05_at_11.36.27

They make the computers (and $billions selling them) that millions of people use to access Facebook to check their social media accounts-  but turnover isn't everything and Dell only just scraps the half way valuation.

 

6. Viacom ($28 billion)

Screen_shot_2011-01-05_at_11.30.31

 

US Video & Audio Communications media conglomerate Viacom might own some of the most iconic media brands of the last generation, MTV and Comedy Central but Facebook is the new kid on the block these days!

 

 

5. All Commercial US Airlines Combined- (approximately $32 billion)

Screen_shot_2011-01-05_at_11.29.52

 

Facebook is worth more than United, American, Delta, JetBlue, and Southwest Airlines who have an estimated combined valuation of $32 billion

 

 

4. Time Warner ($35.5 billion)

Screen_shot_2011-01-05_at_11.24.57

 

Traditional media may no longer be the darling of the media but it's difficult to conceive how Facebook is more valuable than Time Warner at the present time. Time Warner may not boast a 150 percent growth rate but it is on track to make about 25 times more revenue during 2010 than Facebook did.

 

3. eBay ($37.3 billion)

Screen_shot_2011-01-05_at_11.30.57

Like Yahoo, eBay's revenue growth is muted however, it remains to be seen how Facebook can be said to be valued at 25 percent more than eBay. Why you may ask? Well eBay is firmly cemented as proven business and although eBay will never again experience the growth it did a decade ago,  its core business is unassailable.

 

2. Nokia ($39.5 billion)

Screen_shot_2011-01-05_at_11.28.24

 

We may all own a mobile phone these days but even the worlds largest 'cellphone' manufacturer Nokia just cannot seem to keep people connected like Facebook- well unless they are using the Facebook app on their smartphone.

 

 

1. Boeing ($48.7 billion)

Boeing

 

Aerospace giant Boeing may have owned the skies in 2010 after rival Airbus's year stalled because of engine trouble but despite Boeing's $64.62 billion turnover, investors feel it quite matches up to Facebook's soaring potential value.

Last modified on Thursday, 20 January 2011 18:26
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