Facebook Undervalued Itself By $6.6B, Stanford Prof. Testifi

A Stanford University finance professor testified for the IRS on Tuesday in Facebook's multibillion-dollar bench trial over its 2010 tax bill that the social media company was worth at least $35.5 billion that year, saying Facebook's own finance expert undervalued the then-private company by roughly $6.6 billion.

Related Keywords

Cary Douglas Pugh , Ilyaa Strebulaev , Pm Edta Stanford University , Facebook , Us Tax Court , University Of Stanford , Dorothy Atkins , Stanford University , Court Judge Cary Douglas Pugh ,