Some More Good News for Affiliates Who Run with Facebook? (7)
6 Reasons Why the Facebook IPO Fell Flat
Facebook Got Sued for $15 Billion
Easier ad approval for a little now?
Motivates me to get some ads working on FB
If you look under the numbers.....it was a huge flop of a IPO....
Morgan Stanley was propping the share price all day and put a floor at 38 (the IPO price)
other banks came in as well.....
if you look at this company and compare it to something like Mcdonalds .....
MC D's did 27 bill in rev and 5 billion in profit...has a shit ton of asset value and has been driving solid numbers for years YET its value is less than a company that did less than 3 billion in rev last year
Yes thats right folks FB did less rev than Mc D's PROFIT and its worth more....
FB is a one trick pony....with a broken leg....
Just sayin
PS here is a great quote from the WSJ comments section that I felt was dead on
Totally agree with polarbacon - huge flop.
I'm pretty sure they will start allowing more affiliate ads through once big brands shy away more.
Cool. Zuckerberg owes me $10k for invasion of privacy.
Facebook is pretty fucked. I can't see them growing to much more than 10 billion in revenue (2-3 billion profit?) without completely alienating it's users. When there are facebook ads, facebook content network ads, and mobile is covered in ads what the hell else are they going to do? There's a decent chance they take a small slice of the search market someday but I don't think it will last. Realistically I don't think they'll ever realize a $100 billion valuation in the real world. If facebook EVER sustains a share price above $40 I'll be pretty surprised. But hey, good for the founders and investors. There's a reason so much stock was available on day 1 - everyone was cashing in and abandoning ship.
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