Posted on 01/28/2012 3:23:06 PM PST by Libloather
Facebook IPO Filing: All the Dirt
Wall St. Cheat Sheet – 4 hours ago
The much anticipated initial public offering for Facebook could be filed for as early as Wednesday. But as for the actual date for the IPO, an anonymous source says, “timing is still being discussed.” The article reports that the estimated valuation for the company will be between $75 and $100 billion, raising $10 billion.
**SNIP**
Mark Zuckerberg founded Facebook in February of 2004. The website claims more than 800 million members and has changed the way the world communicates. According to Dealogic, a $10 billion Facebook offering would rank the IPO as the fourth highest in US history behind only Visa, General Motors, and AT&T Wireless. It would also replace Google as the highest Internet company offering.
(Excerpt) Read more at finance.yahoo.com ...
Yes, if you’d only known to invest in tech stocks, starting in 1970.
what’s the opening bid? $250?
gonna have to be a couple hundred and likely 3 times that with all the hysteria associated with social networking.
good luck getting any of it early or cheap.. katie bar the door..
This isn’t an IPO for little people. This is for people like our congressional representatives. Good luck finding shares.
no kidding...
At least GOOG provides stuff people want. FB certainly hasn’t changed the way *I* communicate. But hey, economic freedom at work...
The Current FReepathon Pays For The Current Quarters Expenses?
Tried to get in early on EBAY years ago. Found out real quick I was a little guy.
My fund manager told me weeks ago that the shares will have to be as big as Google’s, close to 500 a pop. I’m happy with McD’s and WalMart in my portfo but a little bit of FB won’t hurt.
I wonder if FB is about over? Where does it go from here? Is it just the next social media flavor following AOL, My Space, etc.
Soros - is that you?
I still don’t believe a little snot like Zuckerberg could come up with this.....even with help from his friends. Now, with help from the government......bottom line is would as many people go on FB if they new it was a government site spying you them?
Zuck and Gates etc are all way too close to obama.
Or a person could have waited a couple of years and invested in Walmart, one of the largest users of technology in the world.
Montel Williams did an episode on, “How to become a millionaire” on that episode was a young woman who had done so by earning her own money and learning how to invest.
Basically she did it by baby-sitting her way.
They are saying it will have a valuation of about half that of GOOG. The thing is, FB gets a lot of info about its users that its users provide to it voluntarily, as well as from friends, pictures, and other data posted by friends of users. So as far as creating a profile of each user, FB has an edge over GOOG (and why GOOG recently changed their policy on tracking users). Ultimately FB could be a much better marketer of targeted advertising than GOOG.
GOOG’s lead in search probably won’t be threatened. But FB will strip away some of the marketing dollars GOOG is currently earning.
Whether FB deserves a valuation 50% that of GOOG from day 1 is questionable. But in time FB could be a big winner in advertising because they will deliver extremely focused ads to its users. I am looking to add some FB to my portfolio, but I won’t be in on the IPO. Hoping it will give some up after the launch, because once they do launch they will have to justify that valuation and I don’t think they can right away - but in time yes. GOOG went from 85 to over 600 in a decade and didn’t go back after the launch under its IPO price, but they may be overpricing FB at IPO.
Actually, this IPO is probably to fund Obama's re-election campaign (and as many congress critters that they can bring along).
Roger that. Throw them ALL out!
Cheers,
OLA
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