4 ms·
What evidence is there of this?
by falsestprophet 17y ago
What evidence is there of this?
- vaksel 17y agono idea, like I said I'm just reposting what others said, but you can just look at their investments, it's obviously they don't care about money since they consistently overpay by a huge number for their investments. No real investment fund that gets it's money from legit investors would consistently overpay...i.e. they "valued" facebook at 10 billion...at a time when facebook had problems raising funds at even a lower valuation. Why would you overpay when you don't have to?
- huangm 17y ago'Overpaying' is just an opinion. Obviously we can only speculate, but many people scoffed at Google's share price at IPO - anyone who bought-in despite that now looks like a genius. Also, as outsiders, it's impossible to know enough about what the exact funding situation for Facebook looked like at the time to make conclusions about overpaying.
- vaksel 17y agoExcept Google had a good balance sheet/P&L...Facebook is barely profitable...and facebook has already reached it's peak.
- frisco 17y ago> and facebook has already reached it's peak. That's a ridiculous statement. Like Facebook or not, they've attracted a world-class team, are growing increasingly fast, and have consistently innovated in ways the rest of the Valley hasn't seen coming. The announcements at f8 just a few days ago are a great example of this. Facebook may or may not become Google -- or even Microsoft -- sized, but their risk is almost entirely execution now (and they've continually proven they know how to execute).
- zackattack 17y agoNone.
- mahmud 16y agoWhat? 60 years of anti-Soviet fear-mongering propaganda isn't good enough for you?