http://www.buzzfeed.com/tommywilhelm/so-who-actually-got-rich-today says otherwise, of course, the internet has proven me wrong before looks like all sales combined to 16B, and facebook sold less than 7B
I'm confused, didn't the stock initial price around $38 and now it's around $32 a share? I know that's a drop, but not some incredible crash or anyting, about a %15 drop. Or am I wrong on my facts?
Nope never, I just heard that a ratio related to company earnings was much higher than a conventionally safe investment.
Flat-out insider trading. Hope this smug fucker Zuckerberg enjoys prison for defrauding shareholders.
So much hatred, so much vitriol, for the guy who played a good part in ousting your identity to a Blazer fan community.
zuck sold that stock just to pay his 900 million dollar tax bill, like 170 of it to the state of california, not a bad windfall for the state coffers
On one hand, Facebook is used by 1 out of every 10 people on the planet, and growing. Not many businesses can say that. On the other hand, I've spent well over $200k in the past 5 years on online advertising. Google has been gold for me. Facebook has been "branding," which is a nice way of saying "people looked but didn't buy, but maybe someday will." FB will always have that problem.
When your business model is based on ditching your business model to go out and buy other business models with all the cash idiots have dumped in your lap, you kind of have to wonder about the business model. Seems like a redux of AOL/Time Warner.
lies, youre a 38 year old social leper female, that has multiple facebook accounts, so you can covertly like your own status
Why, recipe binders and recipe boxes and fabulous cookbook software, of course! Well, there are other businesses as well. But this is the one I talk about. Whoring, for instance.
Cuban sells http://news.cnet.com/8301-1023_3-57456278-93/mark-cuban-dumps-his-facebook-stock/?tag=cnetRiver
what, Mark Cuban used the money that he made selling his way overvalued company to buy stock of another way overvalued company and he isn't happy? its back at 32 if you haven't been keeping track. hopefully he sold at 27 (which it was at last week).