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Facebook preparing an IPO

13

Comments

  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    edited 14 June 2011 at 11:56AM
    Microsoft is a utility: i can't do what I want to do without an operating system, and in the english speaking world, Microsoft is that operating system.

    Facebook is an entertainment: I can live without it. There's no single thing they do that other people can't claw their way in on. IMHO, it is similar to AoL or MySpace.

    Facebook has huge potential. But at 100 p.e. it is already more than priced in.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • IronWolf
    IronWolf Posts: 6,426 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    They wouldnt even be offering an IPO if it wasn't overvalued. Rule #1 of IPOs.
    Faith, hope, charity, these three; but the greatest of these is charity.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    tomterm8 wrote: »
    Microsoft is a utility: i can't do what I want to do without an operating system, and in the english speaking world, Microsoft is that operating system.

    Facebook is an entertainment: I can live without it. There's no single thing they do that other people can't claw their way in on. IMHO, it is similar to AoL or MySpace.

    Facebook has huge potential. But at 100 p.e. it is already more than priced in.

    As a non user of facebook I am increasingly surprised byt the number of things wanting to use it to inform me of stuff. e.g. farm/horsewatch is run via facebook. I instead get a sporadic email telling me to check the facebook thing. This, BTW, is staffed by a PC or community officer.
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    I took a couple of years out from Facebook, and noticed a couple of things on my return. First, eveyone has gone private and hidden all their personal details. Second, most seem to have got bored with posting daily updates and communicating with each other.
    Been away for a while.
  • mckay888
    mckay888 Posts: 11 Forumite
    The dot com bubble is back... and why not? If it has a revenue model, it can grow immensly!
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    Friends Reunuited is a warning about how quickly such websites can go out of fashion.
    Friends what?

    I'm amazed that Linkedin is still trading well above its IPO price.

    It's a big risk as someone said earlier Facebook doesn't have any assets apart from user's information. If they get into trouble it's not like they can sell that info to someone else.
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Apparently in North America, Facebook is actually in decline in terms of user base. Hurry up with the IPO!

    http://seekingalpha.com/article/274995-facebook-decline-canary-in-the-coal-mine-for-social-media-companies
    The era of perpetual quarter-to-quarter compound growth is over for Facebook, with negative implications for other social media/networking companies. To wit:

    In the United States Facebook lost nearly six million users in May (source: Money Authority)

    In Canada Facebook lost 1.5 million users in Canada in May (source: Global News)
  • blinko
    blinko Posts: 2,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I'd be careful of something like this. it will be ramped upto to the hills a short waiting to happen if you ask me, just have a look at linked in hit 62 and now back upto 92
  • ILW
    ILW Posts: 18,333 Forumite
    I so hope Twitter dies a death. It is very irritating.
  • Shakethedisease
    Shakethedisease Posts: 7,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    I guess it depends how FB moves and shakes with the times..

    http://www.reuters.com/article/2011/06/30/us-facebook-idUSTRE75T55S20110630
    Chief Executive and founder Mark Zuckerberg told reporters in a visit to Facebook's Seattle office on Wednesday that the company planned to "launch something awesome" next week...There has been speculation in technology blogs in recent weeks about various mobile products in development at Facebook..

    ... According to the company, people that use Facebook on mobile devices are twice as active on the service than users on PCs.

    Mobile ads are emerging just as fast as the smartphones and ipads/tablets are. A lot of it is untapped as yet. It was only very recently it was impossible to get youtube/flash etc to work on mobiles. Now it's expected.

    And also doesn't it make a lot of money from the Facebook games and things as well as ads ? Zynga ( Farmville etc ) certainly seem to be making quite a healthy turnover via their 'ads'

    ie "it has integrated that system into Zynga's stable of games which are operated as separate businesses, allowing marketers to buy "engagement ads." All of those ads follow a pretty simple formula: ask a player if they'd like to earn some currency or points to do something like watch a movie trailer, play a game, quiz or some other brand-related activity, and then share it on Facebook. "

    http://adage.com/article/digital/zynga-grows-thing-advertisers-mass-reach/146670/

    There's a lot more to FB than just clicking on the sidebar ads. I'd be guessing everyone's taking a cut from these sort of, more 'subtle' shall we say ?, ads and parting players from their cash. While there's a lot of people do the FB thing purely for the social networking thing. There's a fair few, usually in my experience with my kids and other family members, the younger end of the FB member scale. Who get ( temporarily) addicted to the multitude of games and 'give gift' type apps out there as part of FB too.
    It all seems so stupid it makes me want to give up.
    But why should I give up, when it all seems so stupid ?
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