Facebook Valued at Just Under £63 Billion

By Brian Barrett on at

In a private market auction yesterday, Facebook was valued at £59 billion, which is squarely in the ballpark of the £63 billion valuation that financial pundits have been tossing around. Don't read much more into it than that; there's plenty of time for the valuation to change slightly before the actual IPO (sometime in May), and either way, it's not going to affect you in the slightest. [Bloomberg BusinessWeek]