Facebook will launch on the stock market today with a value of $104billion - making it the second-largest IPO in U.S. history. http://www.dailymail.co.uk/news/article-2146082/Facebook-IPO-Shares-priced-38-valuing-social-network-104billion.html Facebook makes around $1Billion per year so the price to earnings ratio is around 100, typically companies are valued at 10 times their earnings. There are currently 900Million registered users so each registration is valued at around $110. Have you or anyone you know ever paid Facebook for their services? If I could afford it I would bet on the shareprice plummeting but then I normally am totally wrong in these matters.
Facebook is ****e. I deleted mine. far too many fannies annoying me about what they just had for dinner. That bono **** is set to make close to a billion off it once it's floated
100 times is a ****e investment. No wonder the lads at the helm have been pulling out all stops to get the deal done.
A week ago my cousin posted "the kittens are coming". I resisted the urge to reply "stop ****ing them".