Tadashi70
Well-known member
Early last week according to the WSJ FB has started the paper work to take the social media giant public. 10% of the company for a reported $100,000,000,000. It will be interesting to watch this unfold.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
Tad I think it is $10 billion for 10%. It's a $100 billion company. At least that's how I read it.
http://www.bbc.co.uk/news/business-16779779
True, but the fact that the company decided to go public not long after Esox joined the facebook can't be that much of a coincedence.I know that Zuckerburger is a cocky little a'hole, but was surprised at the idea of the company being worth $1 Trillion. Even $100,000,000,000 seems a little ridiculous, unless you understand how many eyes end up on TMex's page alone.
He's the king of freakin' The Facebook.
Kevin
I couldn't believe it either that they rated FB at 100billion. Mark will be one of the richest men in the worldI know that Zuckerburger is a cocky little a'hole, but was surprised at the idea of the company being worth $1 Trillion. Even $100,000,000,000 seems a little ridiculous, unless you understand how many eyes end up on TMex's page alone.
He's the king of freakin' The Facebook.
Kevin
Mark is not even 30. He himself will probably buy up half those stocks, essentially doubling his wealth. He's gonna cruise his way to the richest man in the world title. And Esox I don't necessarily disagree, but are you basing that opinion on real life or the movie?
Mark is not even 30. He himself will probably buy up half those stocks, essentially doubling his wealth. He's gonna cruise his way to the richest man in the world title. And Esox I don't necessarily disagree, but are you basing that opinion on real life or the movie?
interesting thoughts here. a few questions for you.
1. you really think he is going to buy half of an IPO of the company in which he already owns 25% of?
2. if he does in fact do this, how does that 'essentially double his wealth'?
3. And do you really think he is going to be the richest man in the world? That would imply that his net worth would have to nearly quadruple. So basically (per your suggestion above that he is going to have his net worth tied up in Facebook), Facebook would have to quadruple in value.
If he buys that many shares and the price goes nuts? Yeah he could easily double his wealth really quickly.
I hear the actual stock price will be around 35 a share. I think its a good bet that it will hit 50-60 bucks a share in short order just based on the frenzy of Facebook fans. But I don't think its a good bet for a long term hold. I will probably get a 2-3K worth when it comes out, then sell most of it before Christmas.
It will "open" at 35 but will be at about 50-60 by the time is actually open to the public. The brokerage houses are the ones making the money off this stock to start.
Paperwork filed today in NY. IPO expected to raise 5billion. Expected to start trading next quarter. Expected to start buying tech startups
I remember when AOL bought/merged with Time Warner. I think it's worth about the same ten years later. I had been making money trading AOL in the late '90s and that killed it as a money maker.
Kevin