Meta: Shares in Facebook owner dive 20% as investors lose faith
1–10 of 21 posts
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#2Zuckerberg still holds absolute voting control over the stock. Unless it tanks enough that he can get legitimately sued, or employees quit en masse... I think all other shareholders need to settle in and enjoy the ride.
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#3Zuckerberg still holds absolute voting control over the stock. Unless it tanks enough that he can get legitimately sued, or employees quit en masse... I think all other shareholders need to settle in and enjoy the ride.
7x earnings seems egregiously low. It’s gotta bump back up 20% within a month. This is a total mispricing of the stock
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#4Zuckerberg still holds absolute voting control over the stock. Unless it tanks enough that he can get legitimately sued, or employees quit en masse... I think all other shareholders need to settle in and enjoy the ride.
7x earnings seems egregiously low. It’s gotta bump back up 20% within a month. This is a total mispricing of the stock
or not.
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#5Zuckerberg still holds absolute voting control over the stock. Unless it tanks enough that he can get legitimately sued, or employees quit en masse... I think all other shareholders need to settle in and enjoy the ride.
7x earnings seems egregiously low. It’s gotta bump back up 20% within a month. This is a total mispricing of the stock
Yes and no, alternatively if investors believe the trend will continue then they will just wait for the earnings to come down and then it isn't mispriced.
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#6Earlier discussion:
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#7Zuckerberg still holds absolute voting control over the stock. Unless it tanks enough that he can get legitimately sued, or employees quit en masse... I think all other shareholders need to settle in and enjoy the ride.
I'm still shocked super voting shares are a structure that we decided as a society should even be legal. With some of the most powerful monopolies today being also controlled by people basically accountable to nobody, it feels really dystopian we can't remove them somehow.
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#8Zuckerberg still holds absolute voting control over the stock. Unless it tanks enough that he can get legitimately sued, or employees quit en masse... I think all other shareholders need to settle in and enjoy the ride.
I'm still shocked super voting shares are a structure that we decided as a society should even be legal. With some of the most powerful monopolies today being also controlled by people basically accountable to nobody, it feels really dystopian we can't remove them somehow.
I mean, nobody was obligated to buy minimally-voting shares of $FB.
Our legal system's default assumption is that contracts that aren't clearly exploitative are valid, and this seems pretty tame by that measure.
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#9Zuckerberg still holds absolute voting control over the stock. Unless it tanks enough that he can get legitimately sued, or employees quit en masse... I think all other shareholders need to settle in and enjoy the ride.
7x earnings seems egregiously low. It’s gotta bump back up 20% within a month. This is a total mispricing of the stock
I don't know about that. I want to see Facebook fail. I think the world would be a better place without Facebook. I am pretty confident I am not the only one who thinks that and I think the number of people who see things that way is increasing.
If I knew someone was engaging with Facebook, I would think less of them. In the same way Facebook grew due to social factors, it can also wither due to social factors.
Facebook has gotten so much negative press that I can't imagine there being anyone but mercenaries working there now.
I certainly would not invest in that.
Dictatorships work great until they don't. Dictators get high off of their yes men until they lose touch with reality and start making critical errors.
Re: Meta: Shares in Facebook owner dive 20% as investors lose faith
#10Earlier quoted context omitted.
I'm still shocked super voting shares are a structure that we decided as a society should even be legal. With some of the most powerful monopolies today being also controlled by people basically accountable to nobody, it feels really dystopian we can't remove them somehow.
I mean, nobody was obligated to buy minimally-voting shares of $FB. Our legal system's default assumption is that contracts that aren't clearly exploitative are valid, and this seems pretty tame by that measure.
I suppose. Perhaps this generation of technocrats burning their empires to the ground will make people more hesitant to invest in shares without power in future companies.