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Vagueness and the Aftermath - A sporadic diary
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Topic: Vagueness and the Aftermath - A sporadic diary (Read 4438487 times)
tikay
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Posts: I am a geek!!
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10740 on:
January 05, 2011, 01:33:19 AM »
Quote from: RED-DOG on January 05, 2011, 01:07:13 AM
I'm loving all the new diaries.
Soon everyone on blonde will have one, and then, who knows, we could become the next Facebook.
PS- If it's OK, I'll take my 9 billion now please.
Me too. What % of them will endure beyond, say, Easter, do you think? Leave Mondy aside, of course, he's made of sterner stuff.
Logged
All details of the 2016 Vegas Staking Adventure can be found via this link -
http://bit.ly/1pdQZDY
(copyright Anthony James Kendall, 2016).
RED-DOG
International Lover World Wide Playboy
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Posts: 47374
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10741 on:
January 05, 2011, 01:37:00 AM »
Quote from: tikay on January 05, 2011, 01:32:00 AM
Quote from: RED-DOG on January 05, 2011, 01:07:13 AM
I'm loving all the new diaries.
Soon everyone on blonde will have one, and then, who knows, we could become the next Facebook.
PS- If it's OK, I'll take my 9 billion now please.
Facebook issued some shares yesterday to raise some funding. It valued Facebook at £32 billion, which is more than the value of Boeing, aka "The Boeing Company".
FT's Lex has FB as a strong "sell". Barely a month ago shares were trading privately at an amount that valued Facebook at £24 billion, so it's gained £8 billion of value inside a month. GROSS revenue last year (NOT net profit) was £2 billion. Time Warner's revenues last year were £24 billion, yet it's said to be worh less than FB.
Facebook has been in existence just a few years.
A comparision between the two Companies (FB & Boeing) social worth is interesting, too.....One is a wonderful time-saver, the other a time-sponge. One runs a piece of clunky software, the other has designed & manufactured 1,000's of incredibly safe & reliable aeroplanes.
I don't much understand things these days, but I'm pretty sure another dotcom bubble is currently on the cards.
Founder Mark Zuckerberg's personal shares are now valued at 9 billion.
On his facebook page, his status is described as "Smug"
Logged
The older I get, the better I was.
TightEnd
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Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10742 on:
January 05, 2011, 01:44:29 AM »
Goldman Sachs bought 1% of facebook, and when they wanted to do so Zuckerberg and team told GS to make them an offer. It's privately traded after all
GS settled on $500m. For 1%. Hence the notional value now implied.
Bonkers, really.
Why did GS want 1%? to get the corporate business when facebook (once it matures) starts hoovering up other social media businesses (which will be a sure sign that the J curve has plateau'd)
So actually GS are spending $500m up front to earn an indeterminate amount of fees over an indeterminate time frame in a business that on any rational benchmarks is trading at daft valuations
Bonkers.
Logged
My eyes are open wide
By the way,I made it through the day
I watch the world outside
By the way, I'm leaving out today
mondatoo
Hero Member
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Posts: 22503
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10743 on:
January 05, 2011, 01:52:42 AM »
Quote from: RED-DOG on January 05, 2011, 01:37:00 AM
Quote from: tikay on January 05, 2011, 01:32:00 AM
Quote from: RED-DOG on January 05, 2011, 01:07:13 AM
I'm loving all the new diaries.
Soon everyone on blonde will have one, and then, who knows, we could become the next Facebook.
PS- If it's OK, I'll take my 9 billion now please.
Facebook issued some shares yesterday to raise some funding. It valued Facebook at £32 billion, which is more than the value of Boeing, aka "The Boeing Company".
FT's Lex has FB as a strong "sell". Barely a month ago shares were trading privately at an amount that valued Facebook at £24 billion, so it's gained £8 billion of value inside a month. GROSS revenue last year (NOT net profit) was £2 billion. Time Warner's revenues last year were £24 billion, yet it's said to be worh less than FB.
Facebook has been in existence just a few years.
A comparision between the two Companies (FB & Boeing) social worth is interesting, too.....One is a wonderful time-saver, the other a time-sponge. One runs a piece of clunky software, the other has designed & manufactured 1,000's of incredibly safe & reliable aeroplanes.
I don't much understand things these days, but I'm pretty sure another dotcom bubble is currently on the cards.
Founder Mark Zuckerberg's personal shares are now valued at 9 billion.
On his facebook page, his status is described as "Smug"
Although I have no interest in facebook and am possibly the only person under 30 without it I did see a program saying he stilll lives in the same town he did before he was multai and still drinks in the same places,respect.Guessing the smug thing is a little joke.Also pretty sick that he turned down a huge offer from google I believe and that was obviously a hugely correct decision but also a very brave one,no way I'd have had the minerals to turn it down.
Logged
tikay
Administrator
Hero Member
Offline
Posts: I am a geek!!
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10744 on:
January 05, 2011, 01:53:58 AM »
Quote from: TightEnd on January 05, 2011, 01:44:29 AM
Goldman Sachs bought 1% of facebook, and when they wanted to do so Zuckerberg and team told GS to make them an offer. It's privately traded after all
GS settled on $500m. For 1%. Hence the notional value now implied.
Bonkers, really.
Why did GS want 1%? to get the corporate business when facebook (once it matures) starts hoovering up other social media businesses (which will be a sure sign that the J curve has plateau'd)
So actually GS are spending $500m up front to earn an indeterminate amount of fees over an indeterminate time frame in a business that on any rational benchmarks is trading at daft valuations
Bonkers.
Corporate America soon forgot about Lehman Bros & all that followed. What goes round.......
There is no realistic way of justifying those valuations.
Guess what % of FB Mr Buffett's Berkshire Hathaway owns?
Logged
All details of the 2016 Vegas Staking Adventure can be found via this link -
http://bit.ly/1pdQZDY
(copyright Anthony James Kendall, 2016).
TightEnd
Administrator
Hero Member
Offline
Posts: I am a geek!!
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10745 on:
January 05, 2011, 01:54:51 AM »
Quote from: tikay on January 05, 2011, 01:53:58 AM
Quote from: TightEnd on January 05, 2011, 01:44:29 AM
Goldman Sachs bought 1% of facebook, and when they wanted to do so Zuckerberg and team told GS to make them an offer. It's privately traded after all
GS settled on $500m. For 1%. Hence the notional value now implied.
Bonkers, really.
Why did GS want 1%? to get the corporate business when facebook (once it matures) starts hoovering up other social media businesses (which will be a sure sign that the J curve has plateau'd)
So actually GS are spending $500m up front to earn an indeterminate amount of fees over an indeterminate time frame in a business that on any rational benchmarks is trading at daft valuations
Bonkers.
Corporate America soon forgot about Lehman Bros & all that followed. What goes round.......
There is no realistic way of justifying those valuations.
Guess what % of FB Mr Buffett's Berkshire Hathaway owns?
None
Mr Buffett is all about cash flow and undervalued assets.
Logged
My eyes are open wide
By the way,I made it through the day
I watch the world outside
By the way, I'm leaving out today
RED-DOG
International Lover World Wide Playboy
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Posts: 47374
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10746 on:
January 05, 2011, 01:56:50 AM »
I wonder where FB will be in say, 30 years?
Logged
The older I get, the better I was.
mondatoo
Hero Member
Offline
Posts: 22503
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10747 on:
January 05, 2011, 01:58:30 AM »
Quote from: RED-DOG on January 05, 2011, 01:56:50 AM
I wonder where FB will be in say, 30 years?
I would bet my net worth in 30 years time that it wont be known to anybody under the age of 20.
«
Last Edit: January 05, 2011, 02:03:26 AM by mondatoo
»
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RED-DOG
International Lover World Wide Playboy
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Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10748 on:
January 05, 2011, 02:01:46 AM »
I could, theoretically, be around for another 30 years. (And I will, or die trying)
Where will technology be by then?
Logged
The older I get, the better I was.
mondatoo
Hero Member
Offline
Posts: 22503
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10749 on:
January 05, 2011, 02:03:12 AM »
Quote from: RED-DOG on January 05, 2011, 02:01:46 AM
I could, theoretically, be around for another 30 years. (And I will, or die trying)
Where will technology be by then?
Way,way ahead of anything my brain can comprehend that's for sure.
Logged
TightEnd
Administrator
Hero Member
Offline
Posts: I am a geek!!
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10750 on:
January 05, 2011, 02:08:58 AM »
Quote from: RED-DOG on January 05, 2011, 02:01:46 AM
I could, theoretically, be around for another 30 years. (And I will, or die trying)
Where will technology be by then?
Leicester, supporting the Tigers?
Logged
My eyes are open wide
By the way,I made it through the day
I watch the world outside
By the way, I'm leaving out today
RED-DOG
International Lover World Wide Playboy
Global Moderator
Hero Member
Offline
Posts: 47374
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10751 on:
January 05, 2011, 02:09:20 AM »
Quote from: mondatoo on January 05, 2011, 02:03:12 AM
Quote from: RED-DOG on January 05, 2011, 02:01:46 AM
I could, theoretically, be around for another 30 years. (And I will, or die trying)
Where will technology be by then?
Way,way ahead of anything my brain can comprehend that's for sure.
I'm going for laser powered space flight, matter transporters, and motorway service station teapots with spouts that don't spill tea all over the table.
Logged
The older I get, the better I was.
mondatoo
Hero Member
Offline
Posts: 22503
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10752 on:
January 05, 2011, 02:10:45 AM »
Quote from: RED-DOG on January 05, 2011, 02:09:20 AM
Quote from: mondatoo on January 05, 2011, 02:03:12 AM
Quote from: RED-DOG on January 05, 2011, 02:01:46 AM
I could, theoretically, be around for another 30 years. (And I will, or die trying)
Where will technology be by then?
Way,way ahead of anything my brain can comprehend that's for sure.
I'm going for laser powered space flight, matter transporters, and motorway service station teapots with spouts that don't spill tea all over the table.
First two are for sure but the latter seems pretty unlikely to be achieved so quickly,maybe 50 years would be more realistic.
Logged
technolog
Fib & Archie's dad
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Posts: 3426
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10753 on:
January 05, 2011, 02:38:52 AM »
Quote from: TightEnd on January 05, 2011, 02:08:58 AM
Quote from: RED-DOG on January 05, 2011, 02:01:46 AM
I could, theoretically, be around for another 30 years. (And I will, or die trying)
Where will technology be by then?
Leicester, supporting the Tigers?
Logged
It's better to be looking at it than looking for it.
Jon MW
Hero Member
Offline
Posts: 6202
Re: Vagueness and the Aftermath - A sporadic diary
«
Reply #10754 on:
January 05, 2011, 06:33:54 AM »
Quote from: mondatoo on January 05, 2011, 01:52:42 AM
Quote from: RED-DOG on January 05, 2011, 01:37:00 AM
Quote from: tikay on January 05, 2011, 01:32:00 AM
Quote from: RED-DOG on January 05, 2011, 01:07:13 AM
I'm loving all the new diaries.
Soon everyone on blonde will have one, and then, who knows, we could become the next Facebook.
PS- If it's OK, I'll take my 9 billion now please.
Facebook issued some shares yesterday to raise some funding. It valued Facebook at £32 billion, which is more than the value of Boeing, aka "The Boeing Company".
FT's Lex has FB as a strong "sell". Barely a month ago shares were trading privately at an amount that valued Facebook at £24 billion, so it's gained £8 billion of value inside a month. GROSS revenue last year (NOT net profit) was £2 billion. Time Warner's revenues last year were £24 billion, yet it's said to be worh less than FB.
Facebook has been in existence just a few years.
A comparision between the two Companies (FB & Boeing) social worth is interesting, too.....One is a wonderful time-saver, the other a time-sponge. One runs a piece of clunky software, the other has designed & manufactured 1,000's of incredibly safe & reliable aeroplanes.
I don't much understand things these days, but I'm pretty sure another dotcom bubble is currently on the cards.
Founder Mark Zuckerberg's personal shares are now valued at 9 billion.
On his facebook page, his status is described as "Smug"
Although I have no interest in facebook and am possibly the only person under 30 without it I did see a program saying he stilll lives in the same town he did before he was multai and still drinks in the same places,respect.Guessing the smug thing is a little joke.Also pretty sick that he turned down a huge offer from google I believe and that was obviously a hugely correct decision but also a very brave one,no way I'd have had the minerals to turn it down.
It's not the first time, Zuckerberg created the concept for something or other when he was just out of school and was offered a $1m to develop it - he turned it down and went to Harvard instead.
Logged
Jon "the British cowboy" Woodfield
2011 blonde MTT League August Champion
2011 UK Team Championships: Black Belt Poker Team Captain - - runners up - -
5 Star HORSE Classic - 2007 Razz Champion
2007 WSOP Razz - 13/341
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