[quote=markmax33]
Facebook is getting paid $125/user for exclusive marketing rights to the users with very specific information about the user for the rest of their lives. The average Facebook user is probably 30. I haven’t done all of my research but for less than a 1/2 cent a day for the rest of their lives you can invest in marketing company with gaurenteed specific traffic. You are nuts not to consider this as a valid investment. This is why the over 50 crowd can’t judge up and coming companies very well. They don’t realize how dependent the youth are on it.
I haven’t decided to buy Facebook yet, but I have not doubt based on the initial numbers they have a very valid business model. If Google turned a massive profit on search alone, Facebook will be big, maybe bigger. Notice how Google is trying to force people into Google plus and redoing terms all of a sudden?
[quote=Allan from Fallbrook]
I’ll give you a little leeway because you’re young and clearly don’t know how the tech world operates, but get your facts straight before you pop off, alright?[/quote]
I’m very confident in my abilities and you shouldn’t really be considering these risky stocks either at your age.[/quote]
Markmax: You should keep this post to review after you lose your ass on Facebook. The comment about my age is also funny, because it’s all of a piece with “it’s different this time”, “it’s the NEW economy, stupid” and “they’re not making any more land”. For someone who ostensibly has an MBA, you sure don’t seem to have a good handle on either Finance or Accounting. The FUNDAMENTALS DO NOT CHANGE.
Not that it really matters. In the investment business, you’re what is known as dumb money. That was the point of my examples regarding the tech boom/bust, but you’re clearly TOO SMART to understand them. By the time you “get in on” Facebook, the smart money is long gone.
