Spirit Cruises January 2023 Leaderboard

How Much Booze Is One Share of Facebook Worth?

Put your money where it's most useful
by The Drink Nation on May 18, 2012 in Culture
How Much Booze Is One Share of Facebook Worth?

Unless you've been living under a rock, you've probably heard about Facebook's IPO today. The effort is expected raise about $16 billion, making it the third largest public offering in U.S. history (Visa and GM were a few billion higher). That’s a lot of #$@ing money!

Though most of the equity was snapped up pre-open-market by brokerages and large firms, a small percentage is available to the general public starting at 11 AM Eastern Time. How much do you want a share of Facebook? In order to put the price into perspective, we’ve created a handy chart of what you could get if you were to spend the money for a single, lonely share on booze, instead.

Of course, you never know what direction the stock will head after the initial offering. Will it skyrocket, never pausing to look back, like Google (GOOG)? Or will it crash and burn, disappointing investors and causing worry of a tech meltdown, like Groupon (GRPN)? Here's a look at the relative value of those companies' shares.

Either way, for at least a little while, Facebook will be valued at more than $80 billion, possibly even $100 billion. Now that's a lot of drinks.

Recent Articles
spacer

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
Rittenhouse Goes Car-Free Every Sunday in September: Here are the Best Bars to Hit

Rittenhouse Goes Car-Free Every Sunday in September: Here are the Best Bars to Hit

Center City District will close the streets allowing pedestrians to enjoy outdoor seating, music, and activiti...read more ›

by Michelle Cryder Sep 6, 2024
Best Cocktail Bars at the Jersey Shore

Best Cocktail Bars at the Jersey Shore

We've rounded up all of the must-stop spots for sipping spirits by the beach, whether your vibe is dark and sexy or vibrant and divey....read more ›

by Drink Philly Aug 26, 2024
The Drink Nation Presents: The Home Bar Project

The Drink Nation Presents: The Home Bar Project

Have you ever dreamed of having an amazing home bar, filled with bottles you actually use and the tools you need to execute a fine crafted cocktail? E...read more ›

by The Drink Nation Nov 14, 2014
SPONSORED
Spirit Cruises January 2023 Desktop Bottom Rectangle 1
Behind the Bar: Jillian Moore of My Loup

Behind the Bar: Jillian Moore of My Loup

This time on Behind the Bar, we interview bartender and bar manager Jillian Moore of My Loup. We chat with her about her cocktail menu, the effects of...read more ›

by Drink Philly May 13, 2024
Oltremare: Inside Look at their Amalfi Coast Inspired Cocktails

Oltremare: Inside Look at their Amalfi Coast Inspired Cocktails

Oltremare is the newest endeavor by Chef Townsend Wentz, located at 2121 Walnut Street, near Rittenhouse Square...read more ›

by Drink Philly Apr 22, 2024
Best Bars for Outdoor Drinking in Philadelphia, 2024

Best Bars for Outdoor Drinking in Philadelphia, 2024

We've got your definitive list of where to drink outside in Philadelphia...read more ›

by Drink Philly Apr 9, 2024
Philadelphia Distilling Launching Secret Pop-Up Cocktail Garden for Earth Day, April 11-21

Philadelphia Distilling Launching Secret Pop-Up Cocktail Garden for Earth Day, April 11-21

Philadelphia Distilling is transforming their fourth floor space into a secret garden to celebrate Earth Day, ...read more ›

by Drink Philly Apr 9, 2024
Dizengoff: Inside Look at the New Reimagined Restaurant, Bar, & Cocktails

Dizengoff: Inside Look at the New Reimagined Restaurant, Bar, & Cocktails

Last year, Dizengoff and Abe Fisher decided to join forces and embark on an exciting new chapter. After closin...read more ›

by Drink Philly Mar 5, 2024
Behind the Bar: Tom Foy of Butcher Bar

Behind the Bar: Tom Foy of Butcher Bar

In this installment of Behind the Bar, we sit down with bartender Tom Foy of Butcher Bar...read more ›

by Drink Philly Feb 19, 2024
48 Record Bar: An Inside Look at an Audiophile's Listening Room & Cocktail Bar

48 Record Bar: An Inside Look at an Audiophile's Listening Room & Cocktail Bar

48 Record Bar is the newest addition to the growing Listening Room trend in Philadelphia...read more ›

by Drink Philly Feb 19, 2024
SPONSORED
Spirit Cruises January 2023 Desktop Bottom Rectangle 2
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close