Is Facebook IPO more like Google or Groupon?

[enron_by_the_sea]

[quote=AN]

Don’t you mean, we should be truly worried? I’m sure he already have plans to spend that $1.5B. So, if that comes out to be $700M, we might have to backstop the difference.[/quote]

Yes. And if I may add all those tax rises that he is proposing will also bring in much less money since there will be fewer people making above 250K at this rate.

[an]

[quote=enron_by_the_sea][quote=AN]

Don’t you mean, we should be truly worried? I’m sure he already have plans to spend that $1.5B. So, if that comes out to be $700M, we might have to backstop the difference.[/quote]

Yes. And if I may add all those tax rises that he is proposing will also bring in much less money since there will be fewer people making above 250K at this rate.[/quote]
Don’t worry, he’ll just lower that $250k limit down to $150k and he’ll be able to meet his revenue increase goal.

[SK in CV]

[quote=enron_by_the_sea][quote=AN]
Burn baby burn…. We still have almost 2 months to go to. If Europe explode, man, this thing might go down to single digit.[/quote]

Jerry Brown should be truly worried. He is counting on $1.5B revenue from FB IPO assuming $35 price …

http://latimesblogs.latimes.com/california-politics/2012/05/facebook-california-budget.html%5B/quote%5D

That article really doesn’t make a lot of sense. I read weeks ago about this, and the forecast was 2.1 billion over the 2012 and 2013 fiscal years. Only $500 million of that was for the current year, all related to the IPO. Declining value after the IPO doesn’t adversely affect that.

The subsequent $1.65 billion assumed the stock went to $45/share, and the revenue would be next fiscal year.

Either way, it isn’t going to happen.

http://www.reuters.com/article/2012/05/15/us-economy-california-facebook-idUSBRE84E1B720120515

[Coronita]

Ladies and Gentlemen,

This is what happens to an IPO when the lockup period expires…And if you think this is bad, wait until it’s Zygna’s and Facebook’s turn…

Been there…Done that….12 years ago…..

http://www.marketwatch.com/story/groupon-tumbles-as-sell-restriction-expires-2012-06-01?siteid=yhoof2

Groupon tumbles as sell restriction expires
More than 600 mln shares released from lock-up; stock sinks

SAN FRANCISCO (MarketWatch) — Shares of daily-deals website Groupon Inc. fell to a new record low on Friday, as a restriction on insider selling expired.

Groupon GRPN -9.21% was trading down roughly 10% to $9.62 in heavy trading Friday afternoon as the broader market also retreated on disappointing jobs data. The Nasdaq Composite Index COMP -2.78% was down more than 2%.

http://blogs.barrons.com/techtraderdaily/2012/06/01/groupon-off-10-as-93-of-shares-eligible-for-sale/?mod=yahoobarrons

93% shares eligible for sales… Ouch…

[enron_by_the_sea]

[quote=flu]

Groupon tumbles as sell restriction expires
More than 600 mln shares released from lock-up; stock sinks

SAN FRANCISCO (MarketWatch) — Shares of daily-deals website Groupon Inc. fell to a new record low on Friday, as a restriction on insider selling expired.

Groupon GRPN -9.21% was trading down roughly 10% to $9.62 in heavy trading Friday afternoon as the broader market also retreated on disappointing jobs data. The Nasdaq Composite Index COMP -2.78% was down more than 2%.

…[/quote]

GRPN market cap is fast approaching the 6 billion that GOOG offered them some time ago! If this continues for a few more days, they would wish that they had taken up on that offer instead!

[sdrealtor]

ZNGA hitting new lows and the CTO just bolted to another company because he thought they had better technology. Uh ohhhh….

[Coronita]

[quote=sdrealtor]ZNGA hitting new lows and the CTO just bolted to another company because he thought they had better technology. Uh ohhhh….[/quote]

Zygna now $5 bucks….

It’s Zyglamorous!

Hmmm. 1 large jamba juice, or one share of Zygna… Which is worth more? Mmmm… jamba juice it is…..

Guess some of us old farts that are over 35 years old aren’t as dumb as some of us younger counterparts make us out to be. 🙂

No where are my bell bottoms.

[The-Shoveler]

Google coming out with $150.00 7″ tablet (that’s the rumor anyway)
Not sure if that is good for QCOM or not.
samsung will probably answer with their version as well.
I think Apple better have something really bitchin ready for release.
not planning to spend 5-600 dollars for an ipad myself.

Hoping to maybe get one free with service, maybe in a year or so,

[sdrealtor]

[quote=flu][quote=sdrealtor]ZNGA hitting new lows and the CTO just bolted to another company because he thought they had better technology. Uh ohhhh….[/quote]

Zygna now $5 bucks….

It’s Zyglamorous!

Hmmm. 1 large jamba juice, or one share of Zygna… Which is worth more? Mmmm… jamba juice it is…..

Guess some of us old farts that are over 35 years old aren’t as dumb as some of us younger counterparts make us out to be. 🙂

No where are my bell bottoms.[/quote]

Poor MarkMax. Its probably better he’s not around to take a beating here as he must be pretty despondent. RP out and Zynga down under $5 from when he has touting it at $14.

[an]

[quote=sdrealtor]Poor MarkMax. Its probably better he’s not around to take a beating here as he must be pretty despondent. RP out and Zynga down under $5 from when he has touting it at $14.[/quote]
I wonder how many times he double down on ZNGA. He gave us under 35 a bad name.

[Coronita]

[quote=The-Shoveler]Google coming out with $150.00 7″ tablet (that’s the rumor anyway)
Not sure if that is good for QCOM or not.
samsung will probably answer with their version as well.
I think Apple better have something really bitchin ready for release.
not planning to spend 5-600 dollars for an ipad myself.

Hoping to maybe get one free with service, maybe in a year or so,[/quote]

A $150 tablet probably will not have QC components…

[enron_by_the_sea]

[quote=The-Shoveler]
Hoping to maybe get one free with service, maybe in a year or so,[/quote]

$150 tablet probably will be WiFi only so chances of any operator subsidizing it are slim

[Arraya]

http://dissidentvoice.org/2010/12/a-tale-of-two-websites/His dead, soulless eyes gaze out from the red borders of the magazine with a thousand mile stare; the photograph looks like an android failing the Voight-Kampff test, or the mug-shot of a frat boy baked on XTC; but this is not just another arrogant whelp of privilege and nepotism, this glassy-eyed perp is Mark Zuckerberg, the billionaire monomaniac behind Facebook and its 550 million willing victims.

This is Time Magazine’s Person of the Year.

If, as Charles Eisenstein writes in the Ascent of Humanity, the process of capitalism is the transformation of life into money,1 then Facebook’s relentless march into the commoditization of privacy2 and the wholesale monetization of human relationships3 is at the vanguard of capital’s final war against reality.

Zuckerberg is nothing more than a particularly driven and fortunate cynic: like others, he recognized a previously unenclosed portion of the cultural commons, so he malevolently fenced it off and put it up for sale. It seems he also stole his business idea from his Harvard classmates,4 broke into early Facebook user’s emails,5 and considers his users to be “dumb fucks”6 — topics never mentioned in Time‘s eight thousand word reportorial blowjob of boy wonder.

[Coronita]

Bump…

ZYNGA!!!!!

http://www.cnbc.com/id/48292100?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo

Down 38% after hours…

Told ya! Web 2.0 companies != Google

http://www.forbes.com/sites/tomiogeron/2012/07/25/zynga-q2-earnings-miss-stock-down-36/?partner=yahootix

Zynga Q2 Earnings Miss; Stock Down 36%

Social gaming company Zynga posted earnings that missed expectations, sending its stock cratering after hours.

Zynga posted earnings per share of 1 cent on revenues of $332 million. Zynga was expected by analysts to post earnings per share of 6 cents on revenue of $344 million. Zynga stock is down $1.85 or 36.39% to $3.23 per share.

[livinincali]

ZNGA might be worth a flyer at $1 maybe $0.50/sh. They do make a little bit of money.

[Author]

Posts