Back in May, Facebook raised another $200 million, which valued the company at $10 billion. Now, the investor – Digital Sky Technologies – is allowing employees to sell shares at a valuation of $6.5 billion according to a report in The New York Times.
While that’s a far cry from the $15 billion that Facebook was once valued at by way of a small Microsoft investment, it does finally put into perspective how big of a company that the social network has become. At $6.5 billion, Facebook is valued higher than CBS, Discovery Communications, and Macy’s.
For a more apples-to-apples comparison, it even places Facebook ahead of Salesforce.com, a publicly traded company that hit $1 billion in sales in its most recent fiscal year. Facebook’s revenue for 2009 is now expected to come in around $500 million according to recent comments by board member Marc Andreessen.