71–80 of 145 posts
Why is this a link to Mashable when all the reporting work and original information is from the Wall Street Journal? http://online.wsj.com/article/SB1000142405297020457370457718...
Earlier quoted context omitted.
The founders and everyone else with current equity in Facebook need a liquidity event. They are all collectively sitting on $100 Billion worth of value but right now the only way for them to see anything from that value is to collect their share of the profits (if Facebook is even distributing profits as opposed to rolling them into future growth spending). The IPO gives them a chance to actually collect some cash fo…
[deleted]
Why is this a link to Mashable when all the reporting work and original information is from the Wall Street Journal? http://online.wsj.com/article/SB1000142405297020457370457718...
Why is this a link to Mashable when all the reporting work and original information is from the Wall Street Journal? http://online.wsj.com/article/SB1000142405297020457370457718...
Why is this a link to Mashable when all the reporting work and original information is from the Wall Street Journal? http://online.wsj.com/article/SB1000142405297020457370457718...
Earlier quoted context omitted.
You just can't compare to one currency and say it costs 5 times more. What I tried to say was that USD's value changed over the years. Apparently no one understood and everyone is trying to be funny. Sad.
What you were saying was wrong, and more importantly invalid. Gold rising in price does not equate to the USD being less valuable, because there are more than 2 things in the world. Bring the Euro and the Yuan into it if you're going to make currency-valuation based arguments. But even more than that, compare it to stock market indices. We're talking about how the market valued it, not about currency valuations. The…
What they didn't understand (what I said they didn't understand) was that I tried to determine value of the USD, not compare price of the gold to price to the shares.
Almost everyone pulled out some stupid comparison, trying to be funny. The Ron Paul, Apple and Juice comments looked like they came here from reddit. Only few comments were actually valuable and tried to correct me in a non-condescending way.
Anyway, after some more reading around I came to conclusion that valuing USD by gold is indeed not the right idea. I was somehow convinced that gold is something stable. From what I found, the difference between 2004 and 2012 dollars is inly something above 25%.
So I'm going to buy shares.
Earlier quoted context omitted.
The SEC requires private companies that have more than 500 shareholders to file basically the same paperwork/disclosures that a public company has to. FB is probably nearing (or over) the 500 shareholder limit. Since they are going to go through most of the downside involved with an IPO anyways, they might as well get some cash too. Plus, share/option holders (employees, investors, etc) are probably clamoring for liq…
Facebook has skirted this for a year now. They sold a bloc of shares to, IIRC, Goldman Sachs who runs it like a private equity fund, selling shares of the fund to as many of its rich clients as possible. In other words, they NAT'ed the shares.
