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Ehh, I feel like this is written from the perspective of the investment industry, who foolishly pumped money into the incredibly-overvalued Facebook IPO. How w
by enjo 13y ago
Ehh, I feel like this is written from the perspective of the investment industry, who foolishly pumped money into the incredibly-overvalued Facebook IPO.
How was the Facebook IPO overvalued? The stock has increased 28.9% since the IPO.
- pmarca 13y agoStop with the facts! You're screwing up the discussion.
- XorNot 13y agoIt lost money at first, sharply, and at the moment the Price/Earnings is sitting at ~80. Google is about ~30 and arguably in a similar industry. That's a lot of money Facebook is not making for a service which is struggling with monetization.
- vinceguidry 13y agoP/E seems to be a completely useless metric when it comes to the web.