<20 Minutes before FB goes live on Stock Market

[eriseis]

I think 900 million users is a big lie, or a small misunderstanding.
The more realistic number is 900 accounts. My wife has 3, Erin Burnett mentioned she had a few - including some she no longer knows usernames/passwords for.

901 million monthly active users at the end of March 2012. From their press release. So those accounts Erin mentioned she no longer remembers how to log into are not counted.

[WilhemD]

Risky! Everyone remeber how fast Myspace fell when facebook came along? Who knows if the day after tommorow wont be the same thing? Too Risky!

[Whitey]

They made 1 billion profit on 3.7 billion in revenue: http://techcrunch.com/2012/02/01/fac...illion-profit/
Since they are a tech company, they should have some high P/E ratio, but google has P/E of 17.30, and FB is at 70.90, that's crazy (IMO).

This is all that really needs to be said, it's crazy how high FB stock started.

[eriseis]

Risky! Everyone remeber how fast Myspace fell when facebook came along? Who knows if the day after tommorow wont be the same thing? Too Risky!

Do people even use G+?

---------- Post added 2012-06-02 at 08:11 PM ----------

This is all that really needs to be said, it's crazy how high FB stock started.

Considering they have barely 3k employees and some of them do not have too stellar of a salary, I wonder where that operations expenses go?

[WilhemD]

Do people even use G+?

Not really! It was used by a few firms but since their release to the public it hasent really grown into such a thing! But who knows :P With updates and such no one could know. The social industry of the internet just seem's a bit risky to be honest! As i mentioned before Myspace was what facebook is now and went down really fast! I bet most users of facebook haven't even heard of myspace :P This will one day be the outcome of facebook sadly for investors

Considering they have barely 3k employees and some of them do not have too stellar of a salary, I wonder where that operations expenses go?

Servers?

[someotherguy]

Do people even use G+?

---------- Post added 2012-06-02 at 08:11 PM ----------



Considering they have barely 3k employees and some of them do not have too stellar of a salary, I wonder where that operations expenses go?

G+ supposedly has over 100 mil users (or accounts or whatever is used to count that number): https://plus.google.com/117388252776...ts/9zr9iwmN4XL

[eriseis]

Not really! It was used by a few firms but since their release to the public it hasent really grown into such a thing! But who knows :P With updates and such no one could know. The social industry of the internet just seem's a bit risky to be honest! As i mentioned before Myspace was what facebook is now and went down really fast! I bet most users of facebook haven't even heard of myspace :P This will one day be the outcome of facebook sadly for investors

Yeha, but FB took advantage of a couple of disruptive circumstances which a competitor would have to come up with.

---------- Post added 2012-06-02 at 08:14 PM ----------

G+ supposedly has over 100 mil users (or accounts or whatever is used to count that number): https://plus.google.com/117388252776...ts/9zr9iwmN4XL

Don't think so, Google doesn't have that many employees.

Lol, jk.