Wall st. suffering crack epidemic, Facebook IPO valuation at 96Bn, rehab is where?

Discussion in 'Economy' started by Trajan, May 4, 2012.

  1. Trajan
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    Trajan conscientia mille testes

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    they be some dope smoking fiends. 96Billion? :lol:Rehab has several beds ready....


    this number is ridiculous, UNLESS Zuckerzit has already shared the plan/mechanics as to how he will ring money from his users, hand over fist ( the "Like" button and 1$ a year can get you just so far) it doesn't even fit any par measurement period.

    The price sales ratio at 96B equals like 25, Googles is 5, Apple? 4...hello. This also puts their earnings multiple at 100-1......:lol:




    * Updated May 3, 2012, 9:33 p.m. ET

    Facebook Targets $96 Billion Value

    Facebook Inc. pulled back the curtain on how much it thinks it is worth, targeting a valuation as rich as $96 billion in what would be a record debut for an American company.

    The filing starts the clock for Facebook's executives to persuade investors ahead of a scheduled May 18 initial public offering that the social network deserves such a lofty price. Eight-year-old Facebook would become the most valuable U.S. technology company at the time of an IPO, exceeding Google Inc.'s GOOG -1.54% $23 billion valuation in 2004.

    At nearly $100 billion, it would also rival the current market values of more established companies including Amazon.com Inc. AMZN -0.46% and McDonald's Corp., MCD -0.69% and longtime tech giants like Hewlett-Packard Co., HPQ -0.65% despite having a fraction of the revenue—or profit.

    Currently, the largest valuation for a U.S. company at the time of an IPO was United Parcel Service, in 1999, at $60.2 billion, according to Dealogic.

    Facebook's IPO will be a watershed moment for Silicon Valley, spawning a new generation of millionaires, and a handful of billionaires, including founder and Chief Executive Mark Zuckerberg, whose stake is worth as much as $18.7 billion. It will also stand out even among the wave of high-profile Internet IPOs in the past year from companies such as LinkedIn Corp. LNKD +8.38% and Zynga Inc. ZNGA -1.62%

    more at-

    Facebook Sets $28-$35 IPO Range - WSJ.com
     
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  2. Artevelde
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    Artevelde Senior Member

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    How true.
     
  3. Dante
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    Dante On leave Supporting Member

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    I remember years ago asking people about the new economy and being brushed aside as ignorant. :eusa_whistle:
     
  4. Dante
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    Dante On leave Supporting Member

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    Where are the resident lunatics (Dopey Dude, et al.....) to chime in with their expert economic idiocies?
     

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