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College of Management and Human Service
Finance Profesor James Bennett discusses Facebook's $100B valuation
Posted April 3, 2012
Dr. James Bennett, associate professor of finance in the USM School of Business, recently published "Facebook's Unfriendly $100B Valuation in the Bangor Daily News."
"The raising of the veil confirmed what most had suspected — Facebook is a tremendously unique company in many respects. The number of users is staggering: 845 million monthly active users at the end of 2011, uploading more than 250 million photos on an average day. Users are eagerly embracing new ways of accessing Facebook; roughly half of active users access both at home and on mobile products. It has become an essential part of life for tens, if not hundreds, of millions of people." Read more