Facebook's IPO

Posted by: Peter Dinh on 20 May 2012

Last Friday (June 18th, 2012) Facebook went public; it now has a market cap of $81.7 B and 3,200 employees.

GM has a market cap of $33.2B and 207,000 employees.

Does it make sense?

Posted on: 23 May 2012 by Christopher_M

Yes, in terms of Charles Leadbeater's ideas, I think it does.

Chris

Posted on: 25 May 2012 by Peter Dinh

Facebook's Intrinsic value <= $9.69 . That represents the stock’s “intrinsic value,” a valuation concept favoured by Warren Buffett.

Posted on: 10 June 2012 by MangoMonkey

Short the stock.

Posted on: 12 June 2012 by Peter Dinh

Yep, you are right! Whoever is foolish enough to buy FB shares at IPO? Everybody who did that lost money big time (UBS have lost 350 millions USD).

As a matter of fact, Facebook has very little actual value as I said in the previous posting - no one is "searching" for products on Facebook.

And now I hear Facebook has somehow inserted itself into the OS of the new IPad. Does every new IPad user get notification of this apparent invasion of privacy? (Buy an iPad, get spied on by FB. Very nice indeed!).