A potential $100B IPO valuation for Facebook may appear steep, but Pascal-Emmanuel Gobry thinks...

|By:, SA News Editor

A potential $100B IPO valuation for Facebook may appear steep, but Pascal-Emmanuel Gobry thinks the company will be worth twice as much some day. Among his reasons: Facebook has a tremendous network effect, owns enormous amounts of user information, is challenging Google's (GOOG) dominance as a traffic-referral source, and is evolving from a mere site into a social applications platform.