Far be it from us to comment on the true value of Facebook – it being one of those baffling interweb phenomena that doesn’t actually output any kind of tangible product and will almost certainly be considerably less significant in 5-10 years’ time – but as its much-anticipated IPO draws near, it seemed an opportune moment to reflect on the big numbers attached to a company that has the world’s investors frothing at the mouth for a piece of the action.
Our mild cynicism and detached bemusement aside, a company the size of Facebook apparently having a debt of “Zero” is quietly impressive.
If you’re interested in other Facebook-related news, you might enjoy E&T‘s news story about how Facebook’s new Timeline feature is going to be a big part of your life shortly. Whether you like it or not – ha! Yep, that’s the arrogant “charm” of Facebook in a nutshell right there. Enjoy!
Click on the graphic for an expanded view.