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"Back in May, Facebook raised another $200 million, which valued the company at $10 billion.  Now, the investor \u2013 Digital Sky Technologies \u2013 is allowing employees to sell shares at a valuation of $6.5 billion according to a report in The New York Times.\nWhile that\u2019s 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\u2019s.  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\u2019s revenue for 2009 is now expected to come in around $500 million according to recent comments by board member Marc Andreessen.  \nAs for why the valuation has come down to $6.5 billion from $10 billion in only two months, The Times explains that the \u201Cprevious investment \u2026 was for preferred shares.\u201D  Regardless, Facebook is clearly entering some remarkable territory, the scale of which has not been seen since the rise of Google early this decade."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2009/07/13/facebook-65-billion-valuation/>