Earlier quoted context omitted.
It's standard English.
I'm not sure it is. MM is semi-standard English, at least in the US, because M can be confused with the M used for one thousand. But B doesn't get confused with anything, and I've never seen BB written anywhere before this..
Mark Zuckerberg sells 30.2 million shares of $FB common stock at $37.58
171–177 of 177 posts
Re: Mark Zuckerberg sells 30.2 million shares of $FB common stock at $37.58
#172Earlier quoted context omitted.
I'm going to say no. I really don't see Facebook being around in 30 years. I'd be surprised if they're not marginalised in 10 years. And other than Facebook, I'm not sure what Zuckerberg has to offer the world. If you want to know why: It's because I personally believe the future of social networks is to niche, with disparate social networks connected via a Distributed Social Networking Protocol. Your social network…
There's certainly a lot of truth here. However, Mark Zuckerberg built the company to last. So I think it's unlikely that it will completely be marginalized. Regarding the Zuck = Jobs. Absolutely not. Yes, they are both product people. But Mark Zuckerberg does not have the same aura or doesn't necessarily have the same depth of intellectuality that Jobs (college dropout or not) had. When I see Mark Zuckerberg, I think…
I disagree. Not that I think Zuck = Jobs, but I disagree with the "absolutely not" portion. I mean, Jobs post-NeXT is not the same person as pre-NeXT Jobs. From what I've read, Zuckerberg at this IPO is a very different person from the Zuckerberg at the early years of Facebook and I don't think his growth is stopping here. I don't think it's fair to be comparing these two figures at this point.
Re: Mark Zuckerberg sells 30.2 million shares of $FB common stock at $37.58
#173Earlier quoted context omitted.
> Even less of news when he has to make this type of sale to pay taxes. What did he do so he owes taxes? Exercising in-the-money options is taxable. Receiving stock grants is a taxable event. Owning stock (or options) in a company that goes public is not a taxable event. Note that he got to sell (some?) now. Ordinary employees are still in lockout.
Does anyone know why, as a Facebook employee, Mark Zuckerberg is not subject to the same 90-day lockup period for disposing of his shares on the public market as the rest of the employees? EDIT: The lock-up period isn't an SEC requirement; it's an agreement made with the underwriters. The S-1 filing states: "Morgan Stanley & Co. LLC may, in its sole discretion, permit our executive officers, our directors, and the se…
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Re: Mark Zuckerberg sells 30.2 million shares of $FB common stock at $37.58
#174Earlier quoted context omitted.
If you're going to correct someone, you should make sure you are also correct. In addition, not using a capital letter makes it look a bit like txt speak and generally brings down the level of discource.
Discourse . Let us all just stop now.
A spelling mistake, sorry. I wasn't correcting someone, just pointing out why his posts were getting down voted.
Re: Mark Zuckerberg sells 30.2 million shares of $FB common stock at $37.58
#175Earlier quoted context omitted.
He didn't buy at $31. He sold 30.2M shares.
I think you misunderstood. Fred is suggesting that Mark is smart for cashing out at $37 because the price is now $31. He also thinks that if Mark buys stock at $31 that will be a strong enough signal to send the price to $45. That seems a bit of a stretch to me but it's just a hypothetical situation, not a statement of fact.
Thanks for understanding :)
Re: Mark Zuckerberg sells 30.2 million shares of $FB common stock at $37.58
#176Right decision, FB shares low for today was 31$ now 32. One news from him that he bought this shares at 31, and market will go up. Than sell again at 45 :) He wants to become a stock trader :D
He didn't buy at $31. He sold 30.2M shares.
Yes, he sold at $37.58 than price moves up, than 31$ and for markets news, that he bought shares at 31 back, can possibly be a big catalyst for growth. That's just a joke, i suppose this was not his purpose, but this "move" could be a big biz.
Re: Mark Zuckerberg sells 30.2 million shares of $FB common stock at $37.58
#177Earlier quoted context omitted.
…15% cap gains rate which is not too bad for him; I pay a lot more on my labor gains For people that feel that the capital gains crowd gets special treatment… How would you be with waiting 8 years for each paycheck, or being paid now in 2004 dollars ( paid 82 cents for each dollar you earn)? Part of the long term capital gains reduction is a crude compensation for inflation. In this case it fails miserably because of…
I would be delighted to pay 15+18=33percent instead of the 35% income tax rate. And are capital gains subject to the other 1% tax for FICA? And not all capital gains wait 8 or more years. And if I manage to save a bit of my salary, the government doesn't give me an inflation-protected savings account.
* the government doesn't give me an inflation-protected savings account*
They got you covered. They are called "Treasury Inflation-Protected Securities". T-Bills that are inflation adjusted.