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"I don’t have any inside information about Facebook’s finances, and I’m not a Goldman client. But I’m convinced that when we look back at this investment, it wi
by jdp23 16y ago
"I don’t have any inside information about Facebook’s finances, and I’m not a Goldman client. But I’m convinced that when we look back at this investment, it will rank as one of the best stock opportunities available today — akin to buying Apple stock just before the release of the iPod.... Disclosure: Ethan has a very small position in a Facebook secondary vehicle, purchased in 2010."
Oh, well, at least it's an expert opinion from somebody who has no stake in the matter.
- damoncali 16y agoWho says journalism is dead?
- trotsky 16y agoit will rank as one of the best stock opportunities available today — akin to buying Apple stock just before the release of the iPod Just for laughs: AAPL in 2001: ~$25 per share AAPL today: $350 per share Increase in value: 1400% Facebook market cap today: $50B Ethan's projected facebook market cap: $700B Current largest US public company in market cap: XOM @ $380B So yeah, he's only projecting facebook to become twice as valuable as the most valuable US company is currently.