Has DHH exploded yet (again)?
http://37signals.com/svn/posts/2585-facebook-is-not-worth-33...
Goldman Sachs invests in Facebook at $50 Billion valuation
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Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#12Goldman's special purpose vehicle sounds like something you'd design if you wanted to piss the SEC off and get into trouble. Also couldn't help but laugh at this line: The stake by Goldman Sachs, considered one of Wall Street’s savviest investors, signals the increasing might of Facebook, which has already been bearing down on giants like Google. One of Wall Street's savviest investors is investing in Facebook in 201…
"if you wanted to piss the SEC off and get into trouble."
How many officials in the current administration are former Goldman Sachs employees? Do you think that affects the likelihood of them getting into trouble?
Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#13Is that reasonable? Suppose that Facebook eventually needs to settle at a P/E of 10:1. Then it needs $5B/year of profits. If Facebook is like Microsoft in that it can maintain a high profit margin due to continuing to successfully exclude any competitors from its market, just as it has so far (in Microsoft's case, through a combination of government-granted monopolies, criminality, and consistently not fucking up; in…
I'm curious, why would a company "need to settle" at a certain P/E ratio?
Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#14Ah, yes. The magic of dollar printing. It's a shame it will all come to an end soon.
Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#15[deleted]
Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#16Has DHH exploded yet (again)? http://37signals.com/svn/posts/2585-facebook-is-not-worth-33...
How did DHH become an authority on company valuations?
Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#17Are Facebook's users worth $100 each to the company - all 500m of them? Really?
Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#18Interesting. Does anyone know how many options a newbie engineer gets at Facebook?
at $50B, 0.1% of the company == $50M and 0.01% = $5M not a bad payout vesting over four years, when the stock is probably going to go up... no wonder Google is having trouble keeping talent!
EDIT: This might shed more light: http://www.quora.com/Is-this-a-good-offer-for-working-at-Fac... (that says 125k options)
Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#19Can someone explain how fb is worth 50B? I.e. how much revenue are they making/projected to make, and how was this number arrived at?
Re: Goldman Sachs invests in Facebook at $50 Billion valuation
#20Interesting. Does anyone know how many options a newbie engineer gets at Facebook? at $50B, 0.1% of the company == $50M and 0.01% = $5M not a bad payout vesting over four years, when the stock is probably going to go up... no wonder Google is having trouble keeping talent! EDIT: This might shed more light: http://www.quora.com/Is-this-a-good-offer-for-working-at-Fac... (that says 125k options)
I don't think I'm leaking any IP when I say that, if the stock grant were that generous, you probably would have heard about it.
edit: speaking, of course, of a newbie who was hired very recently with the 10 digit valuation in mind