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Facebook going public

-ACE-

Gotem City Vigilante
Joined
Sep 25, 2007
Messages
11,536
Location
The back country, GA
This is big. Not exactly sure what's going to happen but I could see myself buying up to $10,000 in shares, maybe more if further research makes me confident. FB revenue was up 88% since last year so its still growing. I don't think competitors have a chance any time in the near future. Thoughts?
 

Dr Peepee

Thanks for Everything <3
Moderator
BRoomer
Joined
Sep 29, 2007
Messages
27,766
Location
Raleigh, North Carolina
I don't know much about economics but from the little bit of projections I've read Facebook looks like a sick place to buy stock lol.

Good luck Ace =)
 

ZIO

( ͡° ͜ʖ ͡°)
Joined
Sep 14, 2006
Messages
10,884
Location
FREEDOM
Oh **** this is a good investment.

If only I had the money, I'd be all on this.
 

GofG

Smash Champion
Joined
Jul 6, 2005
Messages
2,001
Location
Raleigh, NC
facebook has like no revenue compared to what it's going to be selling for

the only conceivable reason it might be selling for so much is because of the potential of using the raw data on facebook to do targeted advertising or something, which is a scary thought to me

i don't know if i would invest in a company which barely has any revenue and kind of exists only as a database
 

KOkingpin

Smash Champion
Joined
Jul 2, 2005
Messages
2,622
Location
Murfreesboro, TN
Facebook makes a ton of money of casual games. We may not play them because we are actual gamers but you would be surprised at how many people actually buy stuff with real money on games like farmville.
 
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