Facebook is planning to go public sometime between April and June of next year in an IPO that would value the company at over $100bn. So say The Wall Street Journal's ever-chatty "people familiar with the matter". The same worthies told the WSJ that Facebook CEO Mark Zuckerberg hasn't yet finalized the IPO, that the date for a …
The stupid, it burns!
Stop the world, I want to get off.
Someone explain to me how betting on a stock collapsing works. I smell free money.
It's called shorting. You agree to sell someone shares you don't currently own at a fixed point in time in the future. At that time you purchase the shares at the current market rate and sell them at the agreed price to the purchaser. If the market price is lower than the previously agreed price you win.
At least that's how I understand it. Good luck.
Linked-in is a great company
too bad the stock price and p/e is insane
If investors can't even remember back as far as MySpace, then they very much deserve to loose their money.
Lose the loose, loser!
Spelling and usage _are_ important. No matter how brilliant you are, nobody will take your opinions seriously if you're spelling makes you look like a looser on the Internet.
are you saying that their money needs tightening?
Remember when they said "AOL is the internet"? Look at them now. Anybody who honestly believes FB is worth 100B, please come see me as I have some beautiful waterfront property I can sell you, dirt cheep.
@"Facebook is planning to go public sometime between April and June ... value the company at over $100bn."
Would that be April the 1st by any chance?
Reality Distortion Field
Hey it looks like Mark is in possession of Steve Job's famous reality distortion field.
An extraordinary and popular delusion?
have to stop and think about it - $100Bn is a /lot/ of money.
pressure to make money after IPO -> upsets freetards -> fickle populace leave in droves?
maybe, I dunno - s'epct Google+ cares more about that than I do.
You could buy, like, TEN footballers for that
$100bn for what exactly? Same bunch of sad twats that simply cannot live without their crackberry/ifone/handroid.....
Half a dinari for me life story.
Probably quite a good deal on FB if you have some money.
That values the company at 125 USD per so called "active user". I would like to see the business plan on how they are planing to monetize us freetards to that effect. My guess is facebook will be gone&dusted long before they see that much money from their user base.
If I were Zuckerberg I would wait until the feeding frenzy peaked and dump all my shares before the inevitable crash. I would then fashion my billions of dollars into a huge sign reading "Whose the bitch no suckers?"
I suppose you meant "Who's the bitch now, suckers?"
However, even when grammatically correct, the idea makes no sense since no one called Zuckerberg a bitch except himself.
Quick, buy a real company
The smartest thing AOL did was translate pieces of paper in a bubble company into shares in a real business - Time Warner. Time Warner buying AOL might have made some sense. AOL buying Time Warner was ludicrous. But only with the benefit of hindsight.
Zuck, if you can get your 100bn, buy a real company. Immediately.