7 ms·
Considering that FB is profitable and that it has a decent war chest, it looks like FB is taking advantage of fools. Smart move though, having $10+ billion in
by loverobots 14y ago
Considering that FB is profitable and that it has a decent war chest, it looks like FB is taking advantage of fools.
Smart move though, having $10+ billion in the bank must feel nice and leave a lot of room to maneuver.
Personally, I don't think FB is worth $100+ billion. Maybe $30 to $40 billion.
- deleted 14y ago[deleted]
- jonknee 14y ago... Considering that the new shares are not being sold by The Company but by the existing investors, you are not at all correct. > More specifically, certain insiders are selling more. Venture capital firm Accel Partners, for example, has increased its number of shares being sold in the IPO from 38.19 million to 49 million. DST group from 26.25 million to 45.66 million, while its Mail.ru affiliate has bumped its number from 11.27 million to 19.6 million.
- joering2 14y agowould it mean that larger investors are dumping the stock at the beginning of public trade under a cover of "offering more stock" ? so I guess the news about low interest were true.
- nextparadigms 14y agoSo the early investors are treating it like a ponzi scheme. they need to make the valuation ever higher based on speculation of future value of Facebook.
- stanleydrew 14y agoThis doesn't really have anything to do with valuation. There isn't any more or less equity being created. The early investors are simply deciding to sell more of their existing shares.