Is Facebook really worth $96bn?

In advance of its hotly-anticipated IPO, Facebook is having to work hard to win over sceptical investors concerned about over-valuation and a faltering revenue outlook, writes John Ihle.

12th May, 2012
Mark Zuckerberg, founder and chief executive of Facebook. Photo: Bloomberg

In advance of its hotly-anticipated IPO, Facebook is having to work hard to win over sceptical investors concerned about over-valuation and a faltering revenue outlook.

Facebook, the popular social media company, is entering the final days of its investor roadshow amid growing uncertainty about the likely success of its hotly anticipated initial public offering, which is expected to price on Thursday.

Chief executive Mark Zuckerberg and other executives at the company, which is floating about...

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