Category Archives: economics

facebook IPO $100 billion valuation and the cost of a personal space program

Here’s the math: Facebook IPO: $100 billion valuation Mark Zuckerberg’s ownership: 24% [0] Value: 24 billion USD Cost of the Mercury Project (to put a man into orbit around the earth) Total: $392.6 million (1969 dollars) [1] Present day cost of Mercury Project: $2.457 billion USD [2] By selling 10% of his personal shares, he […]