Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

NASDAQ:FB

google.com

Post reply on HN
Print view View original

251–260 of 319 posts

Re: NASDAQ:FB

#251

Post by 38f0ia »

jacquesm wrote: post #219
ramanujan wrote: post #181

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

> The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. The top voted comment actually is an excerpt from a book by a man that I respect a whole lot more than I respect Mark Zuckerberg. For one he seemed a genuinely nice and modest human being. He also influenced the lives of countless people by being creative rather than by selling off their private…

Facebook is the new AOL.

Exactly.

And the worst part of it is there is a kid acting as CEO calling himself a "hacker".

Hackers do not turn websites into corporations. Imagine if all ISP's were turned into "AOL's".

Facebook did not connect billions of people. They were already connected. All they needed to do was share their contact details. And the facility for that already existed in thousands of other websites.

People chose one website, Facebook. That's a good thing. And the credit should go to people for encouraging each other to all sign up at one website.

But alas it is the website of a sociopath who took people's contact details (calling them "dumb fucks" for giving him their info), the way a spammer collects email addresses, or a cybercriminal collects credit card numbers, and then sold the information for financial gain (your info is worth maybe .85 to a few bucks at most in this market). He's creating the next generation of mailbox stuffed full of junk direct marketing.

If Mark Zuckerberg is your hero you need think more carefully about what he has done and re-examine your principles.

Re: NASDAQ:FB

#252

Post by staunch »

corford wrote: post #250
staunch wrote: post #247

Earlier quoted context omitted.

You can't possibly think I was saying scientific progress isn't good, right? We're comparing the positive impact of Facebook and SpaceX to date.

I think he's saying SpaceX is a "Bigger Fucking Deal" than Facebook.

No..he didn't even mention SpaceX. He's just talking about scientific progress in general.

Re: NASDAQ:FB

#253

Post by jrockway »

jacquesm wrote: post #219
ramanujan wrote: post #181

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

> The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. The top voted comment actually is an excerpt from a book by a man that I respect a whole lot more than I respect Mark Zuckerberg. For one he seemed a genuinely nice and modest human being. He also influenced the lives of countless people by being creative rather than by selling off their private…

Does Facebook sell user data to the highest bidder? I thought they used the information to target ads, not to actually sell.

Re: NASDAQ:FB

#254

Post by ChuckMcM »

noname123 wrote: post #243
ChuckMcM wrote: post #238

Earlier quoted context omitted.

Over the years I've watched this exact conversation play out, dozens of times. I personally was inspired to leave Sun by a guy I know who worked there, and seemed like a complete idiot, who joined a startup and subsequently got reasonably wealthy [1]. The other bit of experience I brought to the table was growing up in Las Vegas Nevada where money was a sort of 'quantum' thing in that sometimes you had it, sometimes…

And all during that time/process people will be trying to sort out how much of the success or lack of success of their peers reflects on their own success or lack of success. As folks work through that process they sometimes become enlightened, sometimes bitter, often cynical, and ideally wiser. As someone who will be facing his 5 year college reunion, do you have any tips to deal with this floodgate of emotions? Per…

Forewarned is forearmed, but seriously we all come to realize that emotion comes more quickly than reason. So take the emotions, note them, then when reason shows up evaluate. I've trained myself, and tried to impart on my kids, the notion that when ever a situation brings up an emotion the first thing to do is to note it and see if you can figure out where it is coming from, from there you can use it as data in determining your next steps.

But as a general rule, no I don't have any tips. I used to try to explain how having kids changed my whole being and outlook, but to people without kids it is like explaining color to a blind person, to people with kids its like explaining the obvious. Sorry.

Re: NASDAQ:FB

#255

Post by hiddenstage »

chestercheetaz wrote: post #222
hiddenstage wrote: post #191

Earlier quoted context omitted.

How many stocks have the potential to be the biggest company in the world? Fb is one of them.

well if it really is then i hope it turns around somewhere soon. As of now, it's looking like 0% for the first day, and even that is an artificial level supported by the underwriters of the IPO. I'd cut your losses, get out soon, and wait until the stock corrects somewhere lower, mid-20s or even below.

There are hedge funds and banks who NEED this stock to go up. They bought in at 38. This thing will hit 55 way before it hits 25.

Re: NASDAQ:FB

#256

Post by nknight »

ChuckMcM wrote: post #174
Aqua_Geek wrote: post #135

Earlier quoted context omitted.

Is it a bad sign? Doesn't it mean that shares were priced appropriately and FB didn't leave much on the table?

My take on it, its a non-IPO IPO, this is my reasoning. Facebook has been trading for a while on secondmarket (a secondary market for 'qualified' investors). The prices have been pretty stable there. These people evaluate the markets in much the same way that every other trader does, and so their value calculation is going to be in line with what any 'real' trader might come up with. Retail investors, the folks who m…

People are also totally ignoring the reality of the market as a whole today.

In the literal sense of "today", Facebook launched on kind of a crappy day. In the more expansive sense of "today", nobody's terribly optimistic right now. The US still hasn't pulled itself out of the hole, and current events in Greece and France have everybody wondering what happens next in what is collectively the world's largest economy.

Even without the unique features of Facebook's IPO, this isn't a great time to be looking for "pop" in anything.

Re: NASDAQ:FB

#257

Post by jrockway »

jwilliams wrote: post #178
mahyarm wrote: post #172

Earlier quoted context omitted.

While Zuckerberg has a complete majority, in what ways do they have to answer to shareholders? Fear of stock price drops as people sell off? Reporting requirements?

Good question! One I've been trying to wrap my head around for a while. This level of control at this stage/size is unprecedented (if somebody has some good analogs I'd be interested to hear...). There are all sorts of responsibilities and duties for an exec (of a public company in particular) - but I'd assume the FB board is insured to the hilt. Ultimately execs always answer to shareholders (i.e. they bring a retur…

This level of control at this stage/size is unprecedented

Google's founders control the majority of Google's votes.

Re: NASDAQ:FB

#258

Post by jaxn »

brudgers wrote: post #239
bmj wrote: post #205

Earlier quoted context omitted.

Well, except that unlike using Flickr for photos, AIM for chat, and MySpace to connect, using Facebook puts all your eggs in a single basket. As others have pointed out, that is likely the source of much of the disdain for FB 'round these parts.

I've got some eggs at Linkedin.

Related: LinkedIn has a P/E of over 600 today. It makes Facebook's 100 seem almost conservative.

Re: NASDAQ:FB

#259

Post by ITSABUBBLEGUYS »

rprospero wrote: post #171
fear91 wrote: post #112

Earlier quoted context omitted.

I believe that Facebook could make something like AdSense. They have vast quantities of info about people and their interests. Additionally, thanks to the huge presence of facebook tracking codes (Likes) on websites, they can track which websites you visit - additionally increasing targeting efficiency. It would be fun seeing google decreasing their margins on AdSense (38% of webmasters profit?) vs AdvFace(or somethi…

I remember hearing the same thing about TiVo. They had so much interesting information on what people were interested in that pundits predicted that they'd soon be giving away the boxes for free. For all of Facebook's data collection, they don't seem to be able to do anything with it. To put it in perspective, I just logged onto facebook and got an ad from a company hiring coal miners. I'm asthmatic, despise big coal…

maybe they are planning ahead. tastes change. they are simply aiming for where you will be, not where you are.

Re: NASDAQ:FB

#260

Post by jacquesm »

jrockway wrote: post #253
jacquesm wrote: post #219

Earlier quoted context omitted.

> The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. The top voted comment actually is an excerpt from a book by a man that I respect a whole lot more than I respect Mark Zuckerberg. For one he seemed a genuinely nice and modest human being. He also influenced the lives of countless people by being creative rather than by selling off their private…

Does Facebook sell user data to the highest bidder? I thought they used the information to target ads, not to actually sell.

http://www.telegraph.co.uk/technology/facebook/8917836/Faceb...

Targeting ads, selling to advertisers, giving it to advertisers so they can better target their ads. It's probably a matter of degree rather than an absolute. Fact is, if you give your information to facebook you have no idea where it's going to end up and you have relatively little control over it. Yes, you can control what other web users see about you (to some extent, some data is always public). But what happens behind the scenes, which apps have access to your data and to what extent and what advertisers are able to get out of facebook is very murky.

Since the $ is king here I'll assume the worst and hope for the best.

Post reply on HN