2 ms·
I don't think Goldman's position is really revenue based. It looks more like they are pretty much trading on the value of the company shares. I think this is re
by mikeryan 16y ago
I don't think Goldman's position is really revenue based. It looks more like they are pretty much trading on the value of the company shares. I think this is really a way for them to get in on what they believe will be a pretty large IPO, and a way to make money trading on Facebook shares by getting in sooner rather then later. At some time Facebook's revenues will become relevant but you can likely make some serious money having a position in Facebook before it reaches that point.