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Facebook Price at $38 ($104Bn)
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05-22-2012, 01:12 PM
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scewDeasp
Join Date
Nov 2005
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kindergarden
explanation of Facebook's IPO performance, but decent enough for what it is. Basically any joblow that invested in FB on day one is a total retard. I explained to a few of my friends why it was a bad idea to invest immediately, but they didn't listen. FB still lacks an adequate ad revenue stream to be even remotely competitive with Google, but I foresee them improving that over the years. $100B company this was never intended to be, but given the right leadership they could be one day. As it stands FB is not a miracle IPO, and one should take the same precautions investing in it as they would with any other company.
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