Facebook Price at $38 ($104Bn) - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**easypokergonj** · 05-31-2012, 03:44 AM

Who for? They raised $16bn... they still have $16bn. An Epic fail might have been if they'd only raised $10bn. One could argue the IPO squeezed blood out of the proverbial stone, no?

Zuckerberg? Yeah, they grabbed the 16 billion. Unfortunately, doing so tanked the entire value of the company, opened them and everyone involved to lawsuits, sullied their and the banks names even further and took a hammer to the knees of investor confidence. Big, big win. Totally worth their name. This is exactly how Zuck dreamed about it I am sure.

Unless mobile screens sizes quadruple, I don't see facebook making any money from it, and I doubt many will buy their phone.

05-31-2012, 03:44 AM	#40
easypokergonj Join Date Oct 2005 Posts 420 Senior Member	Who for? They raised $16bn... they still have $16bn. An Epic fail might have been if they'd only raised $10bn. One could argue the IPO squeezed blood out of the proverbial stone, no? Zuckerberg? Yeah, they grabbed the 16 billion. Unfortunately, doing so tanked the entire value of the company, opened them and everyone involved to lawsuits, sullied their and the banks names even further and took a hammer to the knees of investor confidence. Big, big win. Totally worth their name. This is exactly how Zuck dreamed about it I am sure. Unless mobile screens sizes quadruple, I don't see facebook making any money from it, and I doubt many will buy their phone. Share Share this post on Digg Del.icio.us Technorati Twitter
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