Corporate Counsel, February 2, 2012 by Catherine Dunn
http://www.law.com/jsp/cc/PubArticleFriendlyCC.jsp?id=1202541007095
Another area that may draw questions is how Facebook values its assets. Given the Internet tech sector’s reliance on intangible assets—such as intellectual property rights and their growth opportunities in a rapidly changing field—”this is sometimes quite difficult for a lot of tech companies,” says Talley…. The question becomes, “How do I value the network effect of the fact that Facebook is, by an order of magnitude, the largest social networking site in the world?” he says.