Viewing profile — knowsnothing613
knowsnothing613
HN member- Joined
- Sun, Dec 05, 2010, 12:15 AM UTC
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- 128
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- 82 items
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About knowsnothing613
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Recent public activity
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Comment #3819075
yeah, and Yahoo bought Flickr for hundreds of millions. And Flickr never became a profit center for yahoo. Now, Yahoo is laying off thousands of workers, and is close to dead poool…
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Comment #3818676
yeah, but they paid $1 BILLION dollar for a company with NO business model. This buy was just another way for connected Silicon players to cash out on the facebook IPO, since the I…
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Comment #3782017
Groupon is a ponzi. They need money from new groupons to pay out past groupons. This is why they are constantly buying out smaller companies for new markets, and getting into highe…
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Comment #3779116
My accounting buddy says 'Material Weakness' is code for accounting fraud. If so, it explains why Andrew Mason and Eric Lefkofsky massively cashed out pre-IPO, and may have left ev…
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Comment #3779037
My accounting buddy says 'Material Weakness' is code for fraud. If so, it'd explain why Andrew Mason and Eric Lefkofsky cashed out before the IPO. Thoughts?
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Zynga below $9.00 after 2nd day of trading
http://www.google.com/finance?q=NASDAQ%3AZNGA
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Comment #3364540
Facebook is extremely overvalued. You cannot rationalize a 80B market cap for facebook on annual revenues of 2-3B, considering how Zynga's business model is faltering (social gamin…
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Comment #3363847
The float is too thin to short. That is why all new web 2.0 IPO have thin floats. It's easier for larger stake holders to push the price around, and sucker in ma & pa, and momentum…
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Comment #3363838
or you can say that investment bank client couldn't find dumb money to offload their shares to on opening day. And Pincus & insiders were probably fcking over investment bank clien…
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Comment #3324369
A large part of Reddit winning was Kevin Rose fumbling while CEO of digg. Reddit had open sourced its code by then, and Digg didn't even bother adding some of the useful functional…
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Show HN: crowd funded journalism. Kickstarter meets Huffington Post
http://gojournalism.ca
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Comment #3284555
this article should do wonders for its IPO /sarc
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Comment #3282547
It's part of the built to flip mentality of the VC world. Look @ Groupon for godsake. The sustainability of its business model is dubious, but they still rushed the IPO, so they co…
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Comment #3281291
wtf. If you live in Europe, you should be selling Euros and buying property in London/Germany/USA, and prepare for the collapse of fiat currencies. if the ECB prints to bailout the…
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Comment #3281273
seed funding usually provides an 18 month runway before more financing is needed. Mid stage runways are for a 2-5 years. You had a seed/angel funding bubble in 2010, so those compa…