Goldman deal values Facebook at $50bn

[Ethanol]

LOL, Andy, this sounds a lot like Betfair's products!

[luckystar]

facebook 09th November trading at $19.935 strange its executives keep dumping shares http://www.forbes.com/sites/nathanvardi ... ook-stock/

Meanwhile for someone who mentioned betfair it has today just announced 50 redundancies.

[Euler]

Some charts for you: -

http://www.google.co.uk/finance?chdnp=1 ... xYLAA4W_AQ

[superfrank]

Some charts for you: -

http://www.google.co.uk/finance?chdnp=1 ... xYLAA4W_AQ

Groupon Inc.: Reality Bites
http://marketplayground.com/2012/12/28/ ... ity-bites/

[Iron]

How about this for a previously over-valued company?

http://uk.finance.yahoo.com/echarts?s=Y ... =undefined;

Hibu Plc is formerly known as Yell, and publishes the Yellow Pages (as well as offering various internet-related services). It was floated in 2003 for £2 billion.

Jeff

[Iron]

I read recently that Twitter has been valued by analysts at $11 billion, ahead of a possible flotation in 2014. That strikes me as a very high valuation for such a basic site! Also, the risk is that, as soon as Twitter start cluttering up their site with ads, many of their loyal users will start to look elsewhere. And unless Twitter can make the ads ultra-targeted, I don't think many people will bother to click on them...

Jeff

[PeterLe]

just read in the paper that facebook will offer online betting in conjunction with Paddy Power - UK only...

[andyfuller]

Newspaper link:

http://www.telegraph.co.uk/technology/1 ... t-app.html

[superfrank]

Facebook is an 'infectious disease' and will lose 80% of users by 2017, say researchers
http://www.independent.co.uk/life-style ... 79342.html

hope so.

[kelpie]

Facebook is an 'infectious disease' and will lose 80% of users by 2017, say researchers
http://www.independent.co.uk/life-style ... 79342.html

hope so.

+1

Facebook is awful.

This said, I doubt this sort of online world will ever disappear. There will be others to follow. Our kids will have something like facebook all their lives

[andyfuller]

Facebook is an 'infectious disease' and will lose 80% of users by 2017, say researchers
http://www.independent.co.uk/life-style ... 79342.html

hope so.

A terrible article. But a good response from FB:

https://m.facebook.com/notes/mike-devel ... 7421191849

[superfrank]

that just proves that others are spending money on worthless fb ad campaigns.

i used facebook ads for a couple of months last year for a new small business - complete waste of money. despite targeting the ads at the UK many of the site hits actually came from outside Europe, from Peru and Mongolia etc. and miraculously the daily budget was always consumed to the penny.

Google ads, on the other hand, are fair, work well and generate real enquiries and revenue.

Facebook 'like' adverts tested with VirtualBagel experiment
http://www.bbc.co.uk/news/technology-18822971

[andyfuller]

Impressive numbers from Facebook last night. Share price at all time highs of around $60 a share. Looks like Goldman undervalued Facebook at $50bn, current Market Cap is knocking on for $140bn

[Iron]

Maybe, but I think the valuation is a reflection of the fact that major US stocks are over-heated, due to quantitative easing.

The S&P 500 is something like 25% higher than a year ago, but it's not like anything has happened in the global economy to justify that kind of rise. See http://uk.finance.yahoo.com/echarts?s=% ... C;range=5y.

Jeff

Impressive numbers from Facebook last night. Share price at all time highs of around $60 a share. Looks like Goldman undervalued Facebook at $50bn, current Market Cap is knocking on for $140bn

[superfrank]

this is a good article by fund manager Hugh Hendry from last month after he threw the bearish towel in...
http://www.zerohedge.com/news/2013-12-0 ... ead-letter

...only a foolish investor would stand in the way of this bull market. It'll crash of course, just not for a while.