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I remember people saying Google was steep at $85 when it IPOed in 2004. I think at their most basic level, they're fundamentally the same: Google defined search
by dcpdx 15y ago
I remember people saying Google was steep at $85 when it IPOed in 2004. I think at their most basic level, they're fundamentally the same: Google defined search, and now Facebook is defining social. I'll be picking up some shares after the initial spike and resulting dip. Then settle in for years of steady growth (hopefully).
- wavephorm 15y agoThere's one important difference: Google was valued around $20 Billion when it went public, and it is now worth $187B. How much market cap growth can Facebook possibly attain over the coming years? They're going to have to start monetizing their users or that hefty stock price is going to erode over time.
- deleted 15y ago[deleted]