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Ineverlie&I'malwaysri
Joined: 09 Aug 2011
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Posted: Thu Feb 02, 2012 4:32 am Post subject: Facebook: $100 billion IPO coming soon |
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I dunno. I still prefer to remain on Facelessbook.
The Facebook IPO: billion-user ambition at a $1bn price
Mark Zuckerberg's phenomenally successful enterprise � in effect, a wholly-owned internet � now faces hard business facts
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Never before in the history of breathless internet public offerings has one been so anticipated and so stage-managed. All other major internet IPO's have been relatively rushed affairs: entrepreneurs have needed the money, and investors have been rightly scared that the market might change or close. Not Facebook's. In addition to altering the nature of public and private selves, it's also changed the way young aggressive companies can raise dough: creating a secondary market for buying and selling much-sought-after shares, which acts a lot like the public market (defying the logic, if not rules, of the SEC). As for investor skittishness and market vagaries, Facebook has come to believe � or act like it believes � that the market waits for Facebook. And it seems to.
Facebook, in its eighth year of operation, will be looking for a valuation of $100bn � a number that it may well exceed by another great leap of staging and euphoria.
The seismic nature of the Facebook IPO can hardly be oversold. The IPO creates a currency that will allow the company to buy whatever it needs to vertically integrate all the elements of its massive appetites � to be your wallet, your phone, your search engine, your company's cash register, your entertainment portal, and your publishing platform, as well as your social life. And to do this all in a closed world of protocol enforcement, behavior monitoring and data gathering. |
SEC Filing |
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Kuros
Joined: 27 Apr 2004
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Posted: Thu Feb 02, 2012 5:45 am Post subject: |
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With only 3,000 in employees and a respectful but modest $1 billion in revenue last year, $100 billion may be the most overblown price for an IPO in the modern era. |
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visitorq
Joined: 11 Jan 2008
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Posted: Thu Feb 02, 2012 12:04 pm Post subject: |
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Kuros wrote: |
With only 3,000 in employees and a respectful but modest $1 billion in revenue last year, $100 billion may be the most overblown price for an IPO in the modern era. |
I dunno. Once facebook starts outright selling compiled PII (Personally Identifiable Information) data to corporations and/or the government, the sky is the limit as to how much money they could make. As of now, they're mostly just earning revenue from advertising banners on their site, which apparently has a very low click rate compared to the rest of the web (but still ends up being substantial since they have over 500 million users), but if they start selling off the data for which people (and their friends) of which demographics "like" which things etc., that would probably be the most valuable marketing information on earth for corporations (and/or the NSA wanting to spy on people). Facebook (and google, et al) risk a huge backlash by doing this, but it's no doubt the direction they're heading, and they will no doubt proceed incrementally and with caution.
This is, by the way, why I rarely, if ever, use facebook anymore... |
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Ineverlie&I'malwaysri
Joined: 09 Aug 2011
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Posted: Thu Feb 02, 2012 12:52 pm Post subject: |
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This lucky graffiti artist stands to make $200 million!
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Painter and graffiti artist David Choe will reportedly be making $200 million for a mural he painted seven years ago. So did Choe paint the next Mona Lisa? Not exactly. In 2005, Choe was asked by then-Facebook President Sean Parker to create a mural for the first Facebook offices in Palo Alto. Choe was given two options: get paid thousands of dollars on the spot or take his payment in Facebook stock. Luckily for Choe, he picked the stock. Facebook filed the paperwork to go public yesterday, with an initial public offering of $5 billion. That means that a ton of people who are associated with the company are instant millionaires--including Choe, whose stocks are predicted to be worth hundreds of millions. Perhaps the most ironic facet of this story is that at the time Choe was painting the mural, he tells the New York Times, he thought Facebook was "pointless and ridiculous." People on Twitter may be hating a little bit, with one person saying that Choe is "about to be the world's most resented artist." But clearly Choe won't be the only one to cash in on Facebook going public. Peter Thiel, who invested $500,000 in Facebook in 2004, stands to make over $2 billion. And Sheryl Sandberg, the company's chief operating officer, could make over $2 billion, making her the one of the richest women in Silicon Valley. |
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radcon
Joined: 23 May 2011
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Posted: Thu Feb 02, 2012 6:12 pm Post subject: |
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Kuros wrote: |
With only 3,000 in employees and a respectful but modest $1 billion in revenue last year, $100 billion may be the most overblown price for an IPO in the modern era. |
They had $1 billion in profit, not revenue last year. I still think its over priced due to the fickleness of net users, especially youngsters. |
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Ineverlie&I'malwaysri
Joined: 09 Aug 2011
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Posted: Sat Feb 04, 2012 10:43 am Post subject: |
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^ Definitely overpriced. It's coming out when FB is at its peak. How much more penetration can it get? China won't allow it in. It can only go down from here.
Be smart. Short it. |
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visitorq
Joined: 11 Jan 2008
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Posted: Sat Feb 04, 2012 11:13 am Post subject: |
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Ineverlie&I'malwaysri wrote: |
^ Definitely overpriced. It's coming out when FB is at its peak. How much more penetration can it get? China won't allow it in. It can only go down from here.
Be smart. Short it. |
How much money do you think 500 million peoples' personal data is worth to all the big corporations wishing to get inside their customers heads? How much do you think the government (which spends like half a $ trillion a year on police state measures) would be willing to pay for such data? Not saying it makes facebook a good thing to invest in, but just saying... |
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Ineverlie&I'malwaysri
Joined: 09 Aug 2011
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Posted: Sat Feb 04, 2012 11:31 am Post subject: |
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If they tried blatantly selling people's info, there'd be a big backlash, they'd lose their user base, and slit their own throats. People are getting hip to that these days, and they don't like it. |
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Kuros
Joined: 27 Apr 2004
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Posted: Sat Feb 04, 2012 11:53 am Post subject: |
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radcon wrote: |
Kuros wrote: |
With only 3,000 in employees and a respectful but modest $1 billion in revenue last year, $100 billion may be the most overblown price for an IPO in the modern era. |
They had $1 billion in profit, not revenue last year. I still think its over priced due to the fickleness of net users, especially youngsters. |
Well I stand corrected.
I'm starting to hear $5 billion is now the amount of the IPO offering. That value is certainly more reasonable than $100 billion. |
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Ineverlie&I'malwaysri
Joined: 09 Aug 2011
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Posted: Sat Feb 04, 2012 12:10 pm Post subject: |
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From the OP:
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Facebook, in its eighth year of operation, will be looking for a valuation of $100bn � a number that it may well exceed by another great leap of staging and euphoria.
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$5 bn here, $100 bn there, pretty soon you're talking real money!  |
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visitorq
Joined: 11 Jan 2008
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Posted: Sat Feb 04, 2012 4:35 pm Post subject: |
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Ineverlie&I'malwaysri wrote: |
If they tried blatantly selling people's info, there'd be a big backlash, they'd lose their user base, and slit their own throats. People are getting hip to that these days, and they don't like it. |
I would hope so. However, people are willing to accept TSA goons groping them and their children and putting them in naked body scanners without making too much fuss, so who knows... I honestly bet a lot of people would continue using facebook if their private data was knowingly sold off to marketing firms (or the NSA). The same type of people who think warrantless wiretapping is a-okay because "if you're not doing anything wrong, you should have nothing to hide".
I can't prove facebook's intentions, but I strongly suspect that they will eventually move in that direction. Their PII data is their most valuable asset, by far (and the only thing that would even come close to justifying a $100 bill stock valuation). |
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Kuros
Joined: 27 Apr 2004
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Posted: Mon Feb 06, 2012 8:54 am Post subject: |
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visitorq wrote: |
Kuros wrote: |
With only 3,000 in employees and a respectful but modest $1 billion in revenue last year, $100 billion may be the most overblown price for an IPO in the modern era. |
I dunno. Once facebook starts outright selling compiled PII (Personally Identifiable Information) data to corporations and/or the government, the sky is the limit as to how much money they could make. As of now, they're mostly just earning revenue from advertising banners on their site, which apparently has a very low click rate compared to the rest of the web (but still ends up being substantial since they have over 500 million users), but if they start selling off the data for which people (and their friends) of which demographics "like" which things etc., that would probably be the most valuable marketing information on earth for corporations (and/or the NSA wanting to spy on people). Facebook (and google, et al) risk a huge backlash by doing this, but it's no doubt the direction they're heading, and they will no doubt proceed incrementally and with caution.
This is, by the way, why I rarely, if ever, use facebook anymore... |
Facebook Is Using You
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The bits and bytes about your life can easily be used against you. Whether you can obtain a job, credit or insurance can be based on your digital doppelg�nger � and you may never know why you�ve been turned down.
Material mined online has been used against people battling for child custody or defending themselves in criminal cases. LexisNexis has a product called Accurint for Law Enforcement, which gives government agents information about what people do on social networks. The Internal Revenue Service searches Facebook and MySpace for evidence of tax evaders� income and whereabouts, and United States Citizenship and Immigration Services has been known to scrutinize photos and posts to confirm family relationships or weed out sham marriages. Employers sometimes decide whether to hire people based on their online profiles, with one study indicating that 70 percent of recruiters and human resource professionals in the United States have rejected candidates based on data found online. A company called Spokeo gathers online data for employers, the public and anyone else who wants it. The company even posts ads urging �HR Recruiters � Click Here Now!� and asking women to submit their boyfriends� e-mail addresses for an analysis of their online photos and activities to learn �Is He Cheating on You?� |
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borg
Joined: 30 Jan 2012
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Posted: Tue Feb 07, 2012 11:35 pm Post subject: |
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Experts say the eventual stock price is going to be in the Apple or Google realm of a hundred or hundreds of dollars per share. |
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Ineverlie&I'malwaysri
Joined: 09 Aug 2011
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Posted: Wed Feb 08, 2012 6:40 am Post subject: |
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^ But how much will it open at?
Anyway, with near complete market penetration already and China closed to FB, I don't see much upside potential while there is a lot on the downside.
OTOH, Broadvision (NASDAQ: BVSN) has nothing but upside. Social networking for business is a $600 million industry this year but projected to be $6.4 billion in 2016. The leader in B2B social networking is currently Jive Software, but BVSN's Clearvale is superior. Not only that but it as more new customers in Q4 of 2011 than Jive, even tho Jive is valued much higher. When the FB IPO happens in May, people will be looking for other opportunities in this field and will discover Broadvision in a big way. It is currently at $32 but its upside is astronomical. I started buying it in Dec. at $10 but am still accumulating it. Check it out. Don't say I didn't tell you. |
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