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Thread: Facebook plans IPO between April and June

  1. #1
    Southern Undertaker Key West Digger's Avatar
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    Facebook plans IPO between April and June

    Facebook plans IPO between April and June
    By staff writer
    Reuters
    November 28, 2011 ET
    (Reuters) - Facebook Inc is looking to go public be­tween April and June 2012 with a val­uation of over $100 billion, the Wall Street Journal reported, citing people fa­mil­iar with the mat­ter.
    The social me­dia gi­ant is consid­ering rais­ing as much as $10 billion in its IPO, the report said.
    Sources fa­mil­iar with the mat­ter said the compa­ny has not made any deci­sion over which banks will be in­volved in the IPO.
    Facebook's CFO David Ebersman is in talks with Silicon Valley bankers about an IPO, but founder CEO Mark Zuckerberg has not decided on any terms of the IPO, the Journal said.
    (Reporting by Vidya L Nathan in Banga­lore; editing by Andre Grenon)
    __________________________________________________ _________________________

    What's the old cliche? Never say never? Zuckerberg saying "there will never be a charge for using FB".

  2. #2
    Administrator mydeathspace's Avatar
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    HG could not care less.

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    I'm fancy ketchup HockeyGirl's Avatar
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    Oh youre totally wrong

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    Southern Undertaker Key West Digger's Avatar
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    Forgive me, am I missing something here? Is HG in the running for a chair on the board of Directors?

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    I'm fancy ketchup HockeyGirl's Avatar
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    Mike is under the impression I dont care about Facebook

  6. #6
    Administrator mydeathspace's Avatar
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    Quote Originally Posted by HockeyGirl View Post
    Mike is under the impression I dont care about Facebook
    You don't. If you don't have one, you must not care. Right?

  7. #7
    I'm fancy ketchup HockeyGirl's Avatar
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    Quote Originally Posted by mydeathspace View Post
    You don't. If you don't have one, you must not care. Right?
    I totally care

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    I'm fancy ketchup HockeyGirl's Avatar
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  9. #9
    Administrator mydeathspace's Avatar
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    I hate people who feel they are too good for FB. In fact, I want to harm them.

  10. #10
    I'm fancy ketchup HockeyGirl's Avatar
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    haha i never said I was too good for it.

    Its not an elitist issue. Some people just dont want one

  11. #11
    Certified Grumple Bottoms Ron_NYC's Avatar
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    I don't know what this means.
    Quote Originally Posted by bowieluva View Post
    Ron was the best part, hands down.

  12. #12
    Most awesome Member emmy_dreamy's Avatar
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    Quote Originally Posted by Ron_NYC View Post
    I don't know what this means.
    They are going to start selling stocks. You too can now own part of facebook type stuff.
    http://mydeathspace.com/vb/signaturepics/sigpic8247_1.gif

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    Senior Member delta9's Avatar
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    Erika Gable, 29, who lives in Brooklyn and does public relations for restaurants, never understood the appeal of Facebook in the first place. She says the daily chatter that flows through the site ? updates about bad hair days and pictures from dinner ? is virtual clutter she doesn?t need in her life.

    ?If I want to see my fifth cousin?s second baby, I?ll call them,? she said with a laugh.



    so true, fuck facebook.

  14. #14
    Junior Member mrubs's Avatar
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    Facebook's much-hyped IPO kicked off today, but an anonymous reader points out that things didn't go quite as smoothly as investors hoped. "Public trading didn't get underway until about 11:30 a.m. ET, half an hour after it was supposed to. The delay was likely caused by the huge amount of interest in the stock – especially by retail investors. In the first few minutes of trading, Facebook shares were only up between 5 and 10 per cent and by noon were essentially back down to the IPO price of $38. Many observers had expected the stock to double in price by the end of the day, if not sooner." The NY Times has a data visualization showing how Facebook's IPO compares to other tech IPOs throughout the years, and how the first day of trading treated all of those companies. Meanwhile, the debate is lively over whether the social networking giant will be a good investment. "The banks helping take Facebook public want us to value this 8-year-old upstart at as much as $104 billion, more than Disney or Kraft Foods, though those companies earn three and four times more. That top valuation is also more than 100 times Facebook's earnings last year, versus 13 times for the average company. At such a high price, it will take years for this so-called earnings multiple to fall to a more reasonable level, and that's assuming the company can maintain its torrid earnings growth."

  15. #15
    Certified Grumple Bottoms Ron_NYC's Avatar
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    Was that English?
    Quote Originally Posted by bowieluva View Post
    Ron was the best part, hands down.

  16. #16
    Moderator nestlequikie's Avatar
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    Quote Originally Posted by Ron_NYC View Post
    Was that English?
    I hope that when the world comes to an end, I can breathe a sigh of relief, because there will be so much to look forward to. - Donnie Darko

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