4 ms·
TL;DR 300m + 700m in Facebook shares in April (much less today) was careless and very very very very veryvery shitty deal, for a service with no revenue, albeit
by atirip 14y ago
TL;DR
300m + 700m in Facebook shares in April (much less today) was careless and very very very very veryvery shitty deal, for a service with no revenue, albeit hot. So learn from this.
- debacle 14y agoInstagram will go down as being a shitty deal for both sides. An arranged marriage, as it were.
- memnips 14y agoWhy do you think this will end up being a shitty deal for Instagram?
- tankbot 14y agoMy guess would be the ever-declining value of FB stock.
- radarsat1 14y agoI assume they sold it right away, though I guess there's no way to know.
- johns 14y agoMy guess is that they haven't acquired it yet since the deal isn't closed. The deal was also pre-IPO, so I believe they'd be subject to the same freeze.
- thatusertwo 14y agoI'd sell right away, even only 300 million is better than the nothing instagram has made since it was created.
- debacle 14y agoI guess it really depends. I, personally, would never see a 300 million plus exit as a shitty deal, however they could have been the next $n billion dollar IPO.
- archangel_one 14y agoEven if FB goes bust tomorrow, $300M seems like a pretty damn good deal for Instagram on its own.
- sp332 14y agoArranged marriages are equally happy as marriages "for love". http://libres.uncg.edu/ir/uncg/f/J_Myers_Marriage_2005.pdf http://libres.uncg.edu/ir/uncg/f/J_Myers_Marriage_2005.pdf
- blackjack160 14y ago45 arranged marriage individuals in the study. 24 of them over the age of 45. Not sure how this satisfaction study can be considered conclusive in any context.
- sp332 14y agoMy point is, I'm not aware of any evidence that arranged marriages are in general a crappy deal for both sides. I found that paper while looking for a full text of this one http://psycnet.apa.org/psycinfo/1985-19991-001 http://psycnet.apa.org/psycinfo/1985-19991-001 which demonstrates that objective measures of love increase over time with arranged marriages and decrease with marriages for love. These papers have small sample sets because they're exploratory and pointing directions for future research, which as far as I can tell, never happened on a large scale.
- jmathai 14y agoAssuming you're comparing arranged marriages to "love marriages" I wouldn't even bother. In the US the divorce rate is somewhere near or above 50%. Logically "love marriages" make plenty of sense but the data proves (in the US at least) that it doesn't work. At least not once the human factor is taken into account. People from cultures where arranged marriage is not acceptable seem to have a very hostile view on it. There's good and bad but having come from that culture as I grew older I began to see the benefits.
- duaneb 14y ago>proves No, it doesn't. To actually prove love marriages do not make sense, every single love marriage should fail. Anyway, 50% is a pretty damn good success rate, I think. I don't think I could choose someone to spend the rest of my life with correctly on my first time. It's perfectly natural to fall out of love - that doesn't mean that love marriages don't work, it just means that some don't work.
- duaneb 14y agoIt would have been a great deal had Facebook's stock shot up (which it could have, I think). So the split between cash and stock is a good way to hedge bets, NOT necessarily a "very very very very veryvery shitty deal".