I would really like to see them take on adcents. Ya, i do agree facebook is a bit more of a power house then Groupon. (to say the least)
Facebook Co-Founder Saverin Gives Up U.S. Citizenship Before IPO
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I would really like to see them take on adcents. Ya, i do agree facebook is a bit more of a power house then Groupon. (to say the least)
I have no idea what will happen 6 months, 1-2-3 years out. But it's almost a sure thing it's going to pop on the day it IPOs. Everybody and their brother wants it, it's all over the news, and nobody really even cares about their financials, they just want it because it's FB. There's going to be a non-stop flow of orders wanting it at any price.
Groupon has a number of problems and investors seem to not like the ceo. I think FB is a lot different, they are still rapidly growing, they have a lot of new things they can do to get growth. But the risk with FB I think is they could become MySpace in 3-5 years. You also have to realize that FB is already a huge tech company with a huge valuation. All the smart money got in when it was private.
Anyway, I have no clue what's going to happen. But with IPOs like this they usually pop for the first week or so, then like 2-3 months later they fall below the IPO price, then take off again. The market kind of likes to explore different prices and move around a lot. So if you want to buy it, I would wait until all the craziness goes away and there is a pull back. Like now would be a great time to buy Groupon if you think it is a good company.
Groupon has a number of problems and investors seem to not like the ceo. I think FB is a lot different, they are still rapidly growing, they have a lot of new things they can do to get growth. But the risk with FB I think is they could become MySpace in 3-5 years. You also have to realize that FB is already a huge tech company with a huge valuation. All the smart money got in when it was private.
Anyway, I have no clue what's going to happen. But with IPOs like this they usually pop for the first week or so, then like 2-3 months later they fall below the IPO price, then take off again. The market kind of likes to explore different prices and move around a lot. So if you want to buy it, I would wait until all the craziness goes away and there is a pull back. Like now would be a great time to buy Groupon if you think it is a good company.
I'm buying facebook shares the day after their employees can sell their shares.
Brb, leaving my job at Facebook forever because I'm an overnight millionaire.
I'm not sure what the length is on FB shares, usually 3 or 6 months though after IPO before employees can sell right?
I'm definitely long on Facebook though. The comparisons with Myspace are stupid. Myspace never had the traction Facebook did, Myspace was somewhere where teens and bands hung out, and it became a cesspit due to Myspace not restricting how people could edit their pages.
Facebook came in with a clean interface, a clever model for originally growing its network and didn't attempt to monetize until it could do so cleanly. When they go public there'll be an increase in pressure to monetize further and I'm sure we'll see them beginning to monetize in ways we're not even thinking of at the moment.
When you think of the amount of time people spend on Facebook everyday, brands would pay a huge amount of money to increase their exposure throughout the network. I can see all sorts of clever ways for Facebook to sell increased exposure to big brands.
Facebook can also potentially compete with Google Search, all sorts...
thanks for mentioning that. Many people think my country belongs to china lol. Also want to add, around 1-2% population is billionaire. Thailand is cheap ass but singapore isnt.
Yeah, but there is always the risk that somebody is going to come along and create something better or more cool. Facebook could quickly become "old and busted" and something else "the new hotness". Facebook isn't cool now that everybody in the world is on it. Their layout is so confusing and annoying and there seems to be so much noise from apps/pages/businesses that you like/follow. Plus if they really start to monetize it with stupid stuff like paying so more friends see your statuses, that is retarded and people might flee to other social sites.
Look how fast sites like Pinterest and Tumblr popup and start growing at crazy rates.
That's like saying "there is always a risk somebody is going to come along, create a new search engine and dethrone google"
Yes, it can happen, but not likely.
There are search successful search engines existing alone with google. They are niche specific. Same with pinterest, tumblr, pinterest, etc, etc. They are niche specific social groups. And most of them are FB empowered so they can get more reach.
I hope you get what I mean, because I don't feel like more typing, lol
Yes, it can happen, but not likely.
There are search successful search engines existing alone with google. They are niche specific. Same with pinterest, tumblr, pinterest, etc, etc. They are niche specific social groups. And most of them are FB empowered so they can get more reach.
I hope you get what I mean, because I don't feel like more typing, lol
there is one more massive advantage to eduardo which i forgot to mention before. Singapore doesn't charge you any income tax for bringing foreign monies earned in foreign country, so technically if he wires all his money into singapore, its tax free forever. He played it well
That's like saying "there is always a risk somebody is going to come along, create a new search engine and dethrone google"
Yes, it can happen, but not likely.
There are search successful search engines existing alone with google. They are niche specific. Same with pinterest, tumblr, pinterest, etc, etc. They are niche specific social groups. And most of them are FB empowered so they can get more reach.
I hope you get what I mean, because I don't feel like more typing, lol
Yeah, I get it and somewhat agree. But I think social sites are much more at risk of this happening.
Plus FB is already valued at 100B, which is 1/2 the size of Google. Can FB continue to grow much bigger when almost everybody is already on it? My random guess would be they could get to 300B or 400B before the user shift starts to happen to another site.
I wouldn't hold on to it for more than a couple years.
Eduardo is free to do whatever he likes, but I think it's pretty weak. Way to not give back to the country that helped make his wealth possible.
All the "yeah good for him, fuck america" noise in this thread is pretty gay too, especially if you live here. Hate your politicians, Hate your taxes, but don't hate your own country.
We have a lot of problems, We have a lot of waste, but we have a lot of good things too.
The fact is a lot of great companies come out of this country: Facebook, Twitter, Google, Apple, Microsoft. It's not a coincidence. I want my country to continue this into the future.
Want to renounce your U.S. citizenship and go produce new wealth somewhere else? I'm cool with it, you're a free man. I don't think you should pay taxes on the new wealth you create. But to renounce it to try to shortchange the country that helped you produce your current wealth? That's lame.
As for Facebook IPO'ing, is there money to be made? Fuck yeah. But I think the money is in playing the market, not by purchasing the stock and holding on to it for growth.
All the "yeah good for him, fuck america" noise in this thread is pretty gay too, especially if you live here. Hate your politicians, Hate your taxes, but don't hate your own country.
We have a lot of problems, We have a lot of waste, but we have a lot of good things too.
The fact is a lot of great companies come out of this country: Facebook, Twitter, Google, Apple, Microsoft. It's not a coincidence. I want my country to continue this into the future.
Want to renounce your U.S. citizenship and go produce new wealth somewhere else? I'm cool with it, you're a free man. I don't think you should pay taxes on the new wealth you create. But to renounce it to try to shortchange the country that helped you produce your current wealth? That's lame.
As for Facebook IPO'ing, is there money to be made? Fuck yeah. But I think the money is in playing the market, not by purchasing the stock and holding on to it for growth.
You're right, Facebook isn't cool anymore. It's just omnipresent.
Myspace was the cool girlfriend that eventually got dumped.
Facebook was the next cool girlfriend, and she managed to get us to tie the knot before we lost interest in her.
You forgot the US is the only country in the world taxing their own citizens living abroad. It gives everyone the right to renounce their citizenship if they think their f-tarded Government's "due dilligence" doesn't exist anymore (which it doesn't). What good does the US do to a person like Eduardo living abroad? Nothing.
exactly. that alone makes me want to puke. You are a us a citizen, well, you need to pay us for the privilege, forever, no matter where you live.
People moved away from Myspace at a time when not everybody used Myspace.
Now, quite literally everyone uses Facebook. I can get in touch with virtually everyone I know (from a personal perspective) via Facebook. The network effects are not to be underestimated.
For someone to take FB and their network on, they'd need to have a huge user network already in place to be useful. (So as much as I hate saying it, something like G+)
Pinterest and Tumblr still aren't things my mum or dad know about. Like 1 or 2 of my friends use them too. Sure, they've grown impressively fast, but they're not things which everyone in the world is one day going to use, they just don't have the same utility. Tumblr is mainly used by artsy people tweeting random pretty pictures, or the sorta person that thinks it's cool to post a random quote up every day. Pinterest is well, an online picture board. Facebook is fast onto being something that everyone in the world has, and is an entire social communication platform. It has far wider appeal.
I wouldn't say nothing could ever replace it. But I think the web is maturing, and that it's going to be one of the big web companies around for a long time. It's fast becoming a social backbone to the internet.
The majority of FB shares have a 6-month lockup, although there are a few exceptions. For example, Yuri Milner's shares have an 18-month lockup. And yes you're right, 6 months is the standard for venture funded companies.
You're born into serftitude to the government instead of a King but the principle is the same.