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Google+ Increases Company Value to $20 Billion
by
Greg Leighton
on
Jul 11, 2011
People might question Google+'s value and success, but if you measure it in dollars, its worth about $20 billion.
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Comments: 0 Views: 697
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Some people question a social media success based on functionality and usefulness or on amount of users and marketed crowd. But, in the end, it comes down to the almighty dollar that really shows the value, and Google's investors saw about a $20 billion dollar surge of investment. On June 27 the stock closed at $482.80; It came to a high of $546.60 on July 7, for a $20.6 billion gain to its market cap.
This is just another evidence of the continual growth of information and social media giants and how much they are actually valued. I personally wonder when their value will plateau or if they're capable of that. The way the technology is applicable to various personal and business setups leaves continuous room for growth and investment. The money pours in the hopes the technology will bring in more money.
Whether Google+ is actually good or not, it sure is looking nice to its shareholders. Check out the finance fluctuations here: http://www.google.com/finance?q=goog
...Really makes me wish I bought some stock in them when they first came out!
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