Facebook valuation will be high, but justified, expert says
Facebook’s initial public offering (IPO) filing shows real numbers for profit and revenues, which are likely to drive a valuation that could be as high as $100 billion.This astronomical number does require some aggressive assumptions about future growth, but the high valuation may be more justified than for other internet companies, says Mark T. Leary, PhD, assistant professor of finance at Washington University’s Olin Business School.
Search engine pioneer speaks at Olin
Before Google became a household word, engineers like Anna Patterson (EN ’87, EN ’87) were figuring out how to search the Internet and find the most relevant answers to random queries. The director of Google Research returns to campus at 8 a.m. Thursday, Nov. 18, as guest speaker co-sponsored by Olin Business School and the School of Engineering & Applied Science. She will talk about her experience in Silicon Valley as an entrepreneur and member of the Google team.