So if we apply industry standard valuation techniques, tested against an existin... | Hacker News

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		sparknlaunch12 on May 25, 2012 \| parent \| context \| favorite \| on: Facebook’s stock should trade for $13.80 So if we apply industry standard valuation techniques, tested against an existing listed tech company Facebook is valued at $13.80. Why did everyone buy it at more than double the price? Ouch.

rjtavares on May 25, 2012 [–]

Basing a valuation on IPO statistics is not an industry standard valuation technique. For an industry standard valuation technique, check Damodaran's analysis made well before the IPO: (http://www.aswathdamodaran.blogspot.pt/2012/02/ipo-of-decade...)

His price was $28.

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