Facebook IPO

[Guest chap44uns]

interesting.....

[The Somalian]

Can't see YouTube falling off but can Facebook for some reason

[Guest chap44uns]

youtube will definatley never fall off

nor will twitter

[Horatio Caine]

Before monopolys or dominant companies come about there are those before it that did a shitty or mediocre job, search engines before google were ok but sh*t, pl were saying software is not important in the 70s or 80s but it made bill gates the richest man in history net worth 100 bill in 1999, and before that the ibm ceo said only 4 pl in the world will need a computer, then apple came and made even ur kids want one. Facebook is set and won't follow its predecessors, social media is too important now and when u think of it u think facebook.

excactly...think of facebook like mircrosoft, when u think of computers you think of microsoft(maybe not as much now because of apple) facebook are the "top dog" when it comes to social media....for now anyway

[Horatio Caine]

youtube will definatley never fall off

nor will twitter

youtube are stable because google own them, i believe twitter could fall because its every limited,basically if your not that famous u could get bored of the thing because its not really catered to your average person

[Fresh]

Everything will fade if there's a better alternatve.

[MARVELL]

facebook aint going nowhere. its just not worth $100billi

[imhim]

Facebook IPO: five things we learned

Mark Zuckerberg is king, a lot of people are going to make a lot of money, and, basically, it's all about the cash

that gives him control over their votes. Photograph: Paul Sakuma/AP

The covers are off at Facebook. On Wednesday, the social network finally confirmed that it intends to sell shares in an initial public offering (IPO), and gave outsiders the first real insight into its business practices. Now that the dust has settled, what have we learned?

Mark Zuckerberg is in control

If you thought Rupert Murdoch had a tight grip on News Corp, spare a thought for anyone at Facebook who disagrees with its founder. Mark Zuckerberg owns 28% of the company's shares, but has struck an agreement with 56.9% of shareholders that gives him control over their votes. "Mr Zuckerberg has the ability to control the outcome of matters submitted to our stockholders for approval, including the election of directors and any merger, consolidation, or sale of all or substantially all of our assets," the filings to the SEC revealed.

Even if Zuckerberg dies, he's in control. "Additionally, in the event that Mr Zuckerberg controls our company at the time of his death, control maybe transferred to a person or entity that he designates as his successor."

Expect the corporate governance people to lose it over this at some stage.

A lot of people are going to get very rich

No price has been set for the company yet, but estimates are ranging between $75bn and $100bn. At the top end of that range, Zuckerberg's stake is worth $28bn, equivalent to the gross domestic product of North Korea.

James Breyer, a Facebook board member and a partner at Accel Partner, Facebook's largest investors, stands to make a fortune. Accel owns 11.4%. Dustin Moskovitz, Facebook's co-founder and former chief technology officer, has 7.6%. Yuri Milner, the Russian tycoon behind investor DST Global, will also increase his billions, since DST owns a 5.5% stake.

Peter Thiel, legendary Silicon Valley investor and co-founder of PayPal, owns a 2.5% stake, and since he reportedly paid $500,000 for it in 2004, it's now potentially worth $2.5bn. Bono's Elevation Partners has a 1.5% stake. Chief operating officer Sheryl Sandberg has less than 1%, so she may get less than $1bn. But she did earn $300m last year in shares and salary.

Graffiti artist David Choe, who chose to take shares in Facebook over cash for painting the social network's Palo Alto headquarters in 2005, walked away with stock that is likely to be worth about $200m.

Even the losers are winners

Eduardo Saverin, Zuckerberg's early partner at Harvard who was depicted as having been cheated out of his share of the company in the film The Social Network, does not own more than 5% of Facebook – his holding was not listed in yesterday's documents – but he is still likely walk away with a fortune.

"What a ride," he tweeted on Wednesday.

Even the Winklevoss twins, Zuckerberg's mortal enemies, come away winners. They hold 1.2m shares from a court settlement over their claims that Zuckerberg stole their idea. Those shares are now potentially worth $300m.

But you won't make any money any time soon

For one thing, Facebook shares won't begin publicly trading for several months, because the SEC needs to assess the validity of a potential IPO. But even once trading begins, getting in on the action is a long shot, and for retail investors (ie the man in the street) odds are you will have to buy when the price has already spiked.

It's the cash, stupid

The biggest reason for any IPO. Facebook only has $3.9bn in cash right now, a paltry sum if it's looking to strong-arm competitors like Google, which has cash and short term investments of close to $45bn. The documents talk a lot about mobile – a fast growing area for Facebook. Analysts expect that Facebook will use the cash to improve its mobile site, make acquisitions, and roll out new features.

Then there's the fact that Facebook's investor base is growing. Federal law mandates companies with more than 500 investors and $10m in assets to disclose quarterly financial results and certain other information.

So, basically, they had no choice. Poor dears.

http://www.guardian....ings-we-learned

[Supermalt]

Baby money

Apple has 100 billion in cash reverses just sitting there

They might as well try and colonise the moon, what could u planning with that kind money?

[Horatio Caine]

Baby money

Apple has 100 billion in cash reverses just sitting there

They might as well try and colonise the moon, what could u planning with that kind money?

for real....apple are gready lol... iv never known a company that patents every single detail like apple

[Benicio del Toney]

Someone posted a facebook link the other day, I went to the profile and I saw some massive picture on the front, myspacesque.

If they keep f*ck*ng with the design like that it's gonna be a wrap, it's not as user friendly as it used to be, the simplicity is what made a lot of people jump off myspace.

[The Somalian]

Yeah some people have them MySpace style profiles don't like it. They should give an option how u want to watch it

[Horatio Caine]

jheeeez i remember the days when myspace was the biggest thing ever,but yeh i agree that peeps are gonna lean towards the "next thing"....but wats keeping facebook alive is the gaming section

Facebook has finally put a rest to the rumors, filing their initial public offering with the SEC and disclosing a bunch of juicy details in the process. Perhaps the most surprising figure of the day – at least so far – is how the company that brought you FarmVille, Zynga, is responsible for fully 12% of Facebook’s earnings in 2011.

As Eric Savitz notes, “The filing reports that Facebook had 2011 revenue of $3.711 billion, up 88% from $1.974 billion a year ago. Net income for the year was $1 billion, up 65% from $606 million in 2011. Diluted pro forma per share profits were 43 cents a share in 2011.”

That means that Zynga accounted for approximately $445 million of Facebook’s total revenue in 2011.

[Supermalt]

people that buy virtual cows,barns and sh*t are crazy

people investing mad p on pixels just to say to their friend 'ye look at my farm, get ur land and cows up'

[Flat Eric]

get your crops up g

[Horatio Caine]

looool dats the thing them game geeks will max out there credit card for a pot of land

(((((((((A mother has warned of the risk of children spending hundreds of pounds on "free" online games available through Facebook after her 12-year-old son ran up bills of more than £900 without her knowledge.

The woman, who prefers to remain anonymous, discovered last month that her son had spent more than £900 on FarmVille. He had emptied his own savings account of £288 and had used her credit card to the tune of £625 to pay the bills)))))

[Benicio del Toney]

[imhim]

looool dats the thing them game geeks will max out there credit card for a pot of land

(((((((((A mother has warned of the risk of children spending hundreds of pounds on "free" online games available through Facebook after her 12-year-old son ran up bills of more than £900 without her knowledge.

The woman, who prefers to remain anonymous, discovered last month that her son had spent more than £900 on FarmVille. He had emptied his own savings account of £288 and had used her credit card to the tune of £625 to pay the bills)))))

BALLIN OUT OF CONTROL

[The Somalian]

Zynga poker I waste my real money put chips on that

[AwKwaRD]

Baby money

Apple has 100 billion in cash reverses just sitting there

They might as well try and colonise the moon, what could u planning with that kind money?

Wait 100 billion is 100,000 million right ?

[Mame Biram Diouf]

Baby money

Apple has 100 billion in cash reverses just sitting there

They might as well try and colonise the moon, what could u planning with that kind money?

Wait 100 billion is 100,000 million right ?

1000 million = 1 billion

[Horatio Caine]

wow...jus .....wow

[Seydou]

A billion would suffice you and 10 lineages after you. FAKK

/

I'm happy for the graffiti guy. Probably been called a failure by his family.

Now, look who's laughing.

[Supermalt]

funds>>>being patriot

Eduardo Saverin renounces US citizenship ahead of Facebook IPO

Facebook co-founder who owns 4% of company to become legal resident of Singapore – dodging a major US tax bill

Since 1996 the Internal Revenue Service has regularly published a list of people who have revoked their US citizenship. Why the IRS and not the INS? Because the point of the list is not simply to keep track of who's in and who's out.

The point of the list is to potentially bring shame on rich people who renounce their citizenship to dodge taxes.

For one Facebook billionaire, the shaming deterrent appears to have been ineffectual.

The most recent IRS list was published on 30 April. It contains 460 names. And if you scroll down to "S," you find the name of one very, very rich person: Eduardo Luiz Saverin, the Facebook co-founder who still owns an estimated 4% of the company.

Saverin's presence on the list was first reported by Bloomberg.

With Facebook about to roll out an IPO, Saverin's 4% stake – worth about $3.8bn, if the IPO valuation holds – might leave him open to a major tax bill.

Now Saverin, who is becoming a legal resident of Singapore, will face a significantly reduced US tax bill at the time of the IPO. Singapore does not have a capital gains tax.

http://www.guardian.co.uk/technology/us-news-blog/2012/may/11/facebook-eduardo-saverin-us-cirizenship

[Benicio del Toney]

That's the yute that made 300k investing on his summer break from college.

#Winning