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Wow. Just… Wow: Facebook Hits Record $75 Billion Valuation On SecondMarket

Last week, in our weekly report on the insanely hot Facebook stock trading going on behind the scenes on SecondMarket, I wrote the following: "Do I hear $75 billion next week?" I was sort of kidding.

Senh: A lot of people will be losing money. It's way overvalued. That's 75 times annual revenue.

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