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27 Comments
- bigbill780, on 11/13/2008, -0/+1550-60 million dollars in virtual gift revenue? Wow, people are ***** dumb...
- inactive, on 11/12/2008, -1/+15Facebook stock. haha. Bubble 2.0 waiting to happen. It has mindshare an open platform but next to no revenue.
I would have thought that the VCs would have learned their lesson after the first bubble burst. Facebook will go *****-up
some day at unless they start delivering, and all the data they store on you will be spirited away somewhere never to be seen by the public again. Thats how it goes.
So Zuckerberg, you may well be the "CEO bitch" but soon investors will see that the Emporer isn't wearing any clothes. If I was an FB shareholderfor I'd sell like a *****. - casspa, on 11/12/2008, -0/+13Its time for Zuckerberg to deliver
- AnotherDiggGuy, on 11/12/2008, -0/+12Facebook has stock?
- yellowsnowcone, on 11/12/2008, -0/+8How do I buy some of these shares? I'm in at $9 each.
- skyshock1, on 11/13/2008, -0/+6Facebook is a house of cards.
- sodade, on 11/13/2008, -0/+5Pseudo intellectuals? My wife just showed me some old high school friend's page that said she was praying for her family because they were under attack from evil spirits. BTW, this person teaches 5th grade.
- SLYK, on 11/13/2008, -1/+5They're $1, and I only have one thing to say about the dolts of society, and $1 computer gimmicks:
Koi Pond - notsee, on 11/12/2008, -6/+10Why couldn't this say Facebook is coming to an end. . . . along with Myspace. . . . I could practically hear the choirs of seraphim singing to my ears. . . . How about all these crappy medians of product placement go away.. . . along with their pseudo-intellectual trendy users. . . Sorry, that was kind of harsh, I know.
- RizzoFrank, on 11/12/2008, -0/+4initial price will be over 9000!!!
- barfooz, on 11/13/2008, -1/+5Dude, find your comma key. And pseudo-intellectuals? What Facebook are you on?
- StevieJanowski, on 04/02/2009, -0/+4If i was working there I would sell everything I had.
- EASwanson, on 11/12/2008, -3/+6Facebook doesn't have stock... what they are giving their employee's is phantom stock which is basically a promise to give them a % of the company when/if they go public.
- bixby1, on 11/12/2008, -0/+3Yeah, I'm rolling with you on this one
- Nosferotu, on 11/12/2008, -1/+4Because voluntary services like these are causing the end of the world, and not the stupidity of the people who use them? Blaming Myspace and Facebook for the downturn of society is like blaming cars for drunk driving.
- cyrix, on 11/13/2008, -0/+2They'll just be replaced by another social networking site that will start out fabulous and then turn to *****. I mean I still like digg, but it is a hell of a lot different than it used to be 2 years ago.
- ThatsUnpossible, on 11/13/2008, -2/+4Private corporations DO have stock. Do some ***** research before you mouth off. They then have the right to give or sell stock on the private market (e.g. to employees), or to give or sell options to buy stock on the private market.
This is what they typically do with employees and venture capitalists. In the former case, as a perk for working for them, in the latter case, in exchange for capital.
When the company goes public, they sell a portion of their private shares on the public market, which gives a valuation of the company according to what the market will bear.
Since Facebook is not yet public, they are coming up with other valuation methods, and apparantly certain people are free to buy that private stock from employees, at a valuation determined by Facebook. It's still a real market, just not totally "free" and not public. - larryjr88, on 11/13/2008, -0/+2If they do go public, expect 100X more ***** ads everywhere.
- josejimenez, on 11/13/2008, -0/+2Facebook spends more money than it takes in. If it weren't for companies like Microsoft, Facebook would've gone ***** up already.
- inactive, on 11/13/2008, -0/+2"They make TONS of ad money"
Compared to the cost of keeping Facebook running, that "TONS" of money you refer to is peanuts. It doesn't even cover their power bill. (Read their reports). Let alone paying staff, hosting, the -10% for SOX compliance etc.
"why do you think they're still around?"
By burning through investment capital from the like of Microsoft. Minimal advertising returns from Microsofts ads.
"I love it when people let their own prejudices get in the way of rational, logical thought."
You sound more like a Facebook fanboy than a business watcher/semi pro investor (which I am). Sucks for you. On the plus side without deluded morons like you there would be no bad investment decision making and therefore no free floating money out there for the likes of me to capitalize on. So more power to you kid. - cddict1, on 11/13/2008, -0/+19000 cent? or what?
- h00ligan, on 11/13/2008, -0/+1And like it or not, there are parts of the country... like say, Manhattan, where using social networking sites, like FB, Myspace, Evites, comes in very handy.. when you have a large group of friends who plan things nearly every day, do you really want to be texted in the middle of a business meeting?
- TomPhoolery, on 11/13/2008, -1/+1You really think Facebook hasn't been delivering? They make TONS of ad money, why do you think they're still around?
I love it when people let their own prejudices get in the way of rational, logical thought. - monkeyrun, on 11/13/2008, -1/+1Facebook isn't even OTC, they can't sell whatever facebook gave them.
It's almost as worthless as that facebook gift your friend sent you. - jeremy217, on 11/13/2008, -1/+1Facebook was the next myspace, so who will be the next facebook?
- noblepaladin, on 11/13/2008, -1/+1These stocks are not a good thing for the employee. For example, this private stock might be worth $100, but then when Facebook has their IPO, they could create a billion stocks and dilute it completely. Basically, Facebook as complete control over how much they are worth. Employees are holding onto paper. They have to put their faith into Facebook that they won't be screwed over. It's definitely a good tactic to keep employees, but not the best bonus an employee can receive.
- inactive, on 11/13/2008, -4/+1Buried for Facebook



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