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Only if they still exist in a few years. They wouldn't be the first company with a great IPO that didn't survive for long.
by sgift 10y ago
Only if they still exist in a few years. They wouldn't be the first company with a great IPO that didn't survive for long.
- ams6110 10y agoThe space is hugely fad-driven anyway. Kids don't use Facebook. They use Snap, for now. Who knows in a few years. Twitter and Facebook are what their parents use.
- adamlett 10y agoFacebook has close to 2 billion monthly active users (MAU). Instagram and WhatsApp – both owned by Facebook – each has around half a billion MAU. Your comment reads as "nobody goes there anymore, it's too crowded".
- stale2002 10y agoThe people who sold their stock options have already come out ahead. Whether or not the people who bought those shares go under water isn't their problem. AKA, the early investors are going to make way way more money than if they had sold to facebook.
- Akarnani 10y agoEveryone who has options is likely still locked up.
- mikeyouse 10y agoSnap amended their employee ESOP deal so that the employees can sell their shares at the same time as investors -- 150 days post-IPO. https://www.theinformation.com/snap-changed-employee-lockup-period https://www.theinformation.com/snap-changed-employee-lockup-...