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Dot-Com Bubble Data Skewed Facebook's Value, Judge Told

By Bonnie Eslinger (May 13, 2022, 10:50 PM EDT) -- A Dartmouth economics professor hired by the IRS to offer trial testimony in the agency's multibillion-dollar tax dispute with Facebook challenged a pre-IPO valuation analysis offered by the social media company's expert, saying the financial risk assessment appeared to be skewed by data from the dot-com bubble years....

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