4 ms·
That's what everyone said about facebook, but it's up 4x since IPO, and 8x from the post IPO dip it had.
by clarky07 9y ago
That's what everyone said about facebook, but it's up 4x since IPO, and 8x from the post IPO dip it had.
- taneq 9y agoThe exception that proves the rule, eh?
- the_watcher 9y agoCompare that to the first 5 years of Amazon post-IPO.
- clarky07 9y agoit went from $2 to $16 (split adjusted). The real difference is that it was much much smaller at IPO, meaning it's pretty much impossible for FB to continue generating outsized returns whereas Amazon actually did much better from 5-10 or 10-15 than FB possibly could.
- GuiA 9y agoSaving everyone a Google search: AMZN opened at (split adjusted) $1.49. 5 years later it was at $19.47. Over that span, it maxed at $106.69 (Dec 1999).