It's hard to figure out why Facebook would pay the highest price ever paid for a company per employee - $345 million (more than four times the old record of $77 million per employee, set last year when Facebook bought Instagram)
The transaction reflects the inflated nature of our financial bubble. The Fed has been pumping money into the financial sector through its continuous QE programs. The money has pushed up the value of speculative stocks, even while the real economy has stagnated. With few real investments to fund, the money is plowed right back into the speculative mill. We are simply witnessing a replay of the dot com bubble of the late 1990's. But this time it isn't different.