Goldman deal values Facebook at $50bn

Long, short, Bitcoin, forex - Plenty of alternate market disuccsion.
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

superfrank wrote: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
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superfrank
Posts: 2762
Joined: Fri Aug 14, 2009 8:28 pm

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
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

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 :o
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

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
andyfuller wrote: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 :o
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superfrank
Posts: 2762
Joined: Fri Aug 14, 2009 8:28 pm

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.
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

An interesting follow up to Rory Cellan Jones piece on Virtual Bagel:

Facebook Fraud

http://www.youtube.com/watch?v=oVfHeWTKjag
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Euler
Posts: 24700
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

That is a really good video, thanks for posting it. I guess some revenue is genuine but a lot is complete trash.

I feel the same about google ads based on my experience. You get masses of clicks but virtually no engagement or genuine traffic.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

I recently closed my regular FB account as it was wasting way too much of my time, and opened a new one (mainly as I need a personal FB account to view company business pages in my role at work, and also so I can correct the pro-Moyes muppets on the official Man U page). Anyway, I digress...

This evening, I got the message in the screenshot when I tried to post a message. FB can f*** off if they think I'm going to give them either my credit card or my mobile no! :evil:

Anyone remember Friends Reunited?

Jeff
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