A social networking dot com worth $50,000,000,000????

Quote from LEAPup:

On a side note, every time I went to a site like a men's suit site, for example, after that, and logging on to f/b the side bar ALWAYS had stuff like mens clothes, mens shoes, etc.,
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It's called tracking through cookies and hidden microsoft temporary files and Log files not too many know about. I use ccleaner each and everytime after I visit a website.

http://www.piriform.com/ccleaner
 
these are professional stock pushers(goldman sachs) some investment banks even push worthless stocks...i'm sure they can find th suckers list in the mutual funds or institutionals who buy these ipo with other people's money..goldman sachs has network of hedge funds pensions to push these ipos. and pay the funds to buy these ipos. goldman sachs gets 10% minimum commission for underwriting plus free shares. for pushing the ipo to their sucker clients.
 
Quote from StopLoss:

I won't comment on the actual valuation, a lot goes into these numbers. But I think FB is a lot more than a vehicle for ads. It's a marketing gold mine. It's what marketers have been after for years, direct feedback on the ads, on the products and everything else. Without contacting people to survey, you know who "likes" what based on what they click. From that, you have entire profiles of everyone on facebook from age, family size to their likes and dislikes.

Levis Jeans creates a page, people click the "I like" button and now Levis is connected to its consumers. Not to random consumers, to consumers who actually expressed interest AND their friends.

In an entire economy driven by consumption (people waiting in line for the latest iPod, iPhone, Nike kicks, Xbox... need I say more), this has significant value.
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The problem with your line of thinking is that by the time a company finds out about what people like and put it into "production", the fad had already faded.
 
social sites seem like something that will come and go like fashion trends or favorite restaurants and bars.

remember when everyone was gonna build a geocities webpage? then a blog? then a myspace page? now a facebook page? then a ________?

Perhaps mobile apps will alter this landscape?
 
I agree with the original post.

1. But we do not live in a world of real value, we live in a world of perceived value.

2. Facebook could be looking to go public this year.

3. Goldman likes to make money

4. I like to make money.

5. If facebook goes public since it is so well known world wide it would be like google going public again. It will make all early investors so much money that after they cashout they would not really care if facebook ever makes $5 billion a year in profits let alone $50 billion.

6. Its all about what the company will make early investors. Think like an investor!
 
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