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Facebook worth $104BN?

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Comments

  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    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.html
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    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?
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    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.html
    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.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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.
  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 30 May 2012 at 7:44AM
    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...
  • Wookster
    Wookster Posts: 3,795 Forumite
    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.
  • RJP33
    RJP33 Posts: 339 Forumite
    Wookster wrote: »
    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.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Must be a whole generation of investors that forgot the lessons of the Dot Com boom.
    Wookster wrote: »
    There's a sucker born every minute.
    Wookster wrote: »
    I'll bet the price is on a downward slope from here.
    Graham_Devon wrote: »
    I wouldn't say its negativity. It's business sense.
    Do any of you economic masterminds know the price of the shares now or was it not worth investing in?
  • dryhat
    dryhat Posts: 1,305 Forumite
    Facebook v Bitcoin

    $1000 of each at time of facebook IPO ....

    oOhKXah.png
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    dryhat wrote: »
    Facebook v Bitcoin

    $1000 of each at time of facebook IPO ....

    oOhKXah.png

    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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