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Facebook worth $104BN?
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worldtraveller wrote: »Down nearly 9% currently on Fridays close, around 23% below IPO price.
Yep - Times are hard!
http://www.telegraph.co.uk/technology/mark-zuckerberg/9297450/Facebook-founder-Mark-Zuckerberg-left-no-tip-after-Rome-lunch.html0 -
FT.com wrote:Some analysts, such as Lou Kerner of the Social Internet Fund, believe Facebook stock ought to be trading at more than $40 a share, based on the potential of its 900m-plus user network to generate enormous future revenues.
Anyone think the SIF got caught with their pants down and are trying to claw back any credibility they can?0 -
facebook the worst IPO in a decade...
http://www.telegraph.co.uk/technology/facebook/9298560/Facebook-crashes-below-30-in-worst-IPO-in-a-decade.htmlPlease stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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Must be a whole generation of investors that forgot the lessons of the Dot Com boom.
Never understood the LastMinute.Com business plan. Other than it was a get rich ponzi scheme for the founders and initial investors.0 -
SP closed at US$28.84, down 9.6%, so in 10 days it's lost around US$25 billion in value!There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0
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Thrugelmir wrote: »Must be a whole generation of investors that forgot the lessons of the Dot Com boom.
Never understood the LastMinute.Com business plan. Other than it was a get rich ponzi scheme for the founders and initial investors.
There's a sucker born every minute.
Its basic common sense, Facebook does not have a clear revenue model where as the likes of Google have an incredibly strong model.0 -
There's a sucker born every minute.
Its basic common sense, Facebook does not have a clear revenue model where as the likes of Google have an incredibly strong model.
People are betting that they can turn a huge user base into a revenue model that works. As you say it's not there yet, hence why the shares were such poor value.0 -
Thrugelmir wrote: »Must be a whole generation of investors that forgot the lessons of the Dot Com boom.There's a sucker born every minute.I'll bet the price is on a downward slope from here.
Do any of you economic masterminds know the price of the shares now or was it not worth investing in?Graham_Devon wrote: »I wouldn't say its negativity. It's business sense.0 -
Facebook v Bitcoin
$1000 of each at time of facebook IPO ....
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Facebook v Bitcoin
$1000 of each at time of facebook IPO ....
What will happen to all of the eviction that are caught up in Silk Road?Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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