“The biggest concern is the $100 billion valuation that Facebook is seeking,” Dan Lyons writes. “To get an idea how outrageous this is, consider that Apple—the biggest, most powerful, most lucrative tech company in the world—sells for just over three times last year’s revenues. If you valued Facebook that way it would be worth only $12.5 billion.”
(via newsweek)
Source: thedailybeast.com
I talk to Sam Hamadeh of PrivCo about the potential pitfalls in Facebook’s S-1 filing yesterday and why he’s bearish on Facebook’s IPO. Watch and find out why you might want to hold back some irrational exuberance when $FB shares debut.
Source: soupsoup
Facebook’s revenue
DEVELOPING: According to IFR, a sister publication of Reuters, the social networking website Facebook will file for an initial public offering of $5 billion on Wednesday.
Source: reuters
I’m not concerned about the return on my money but I’m concerned about the return of my money.
Web 2.0 Summit: Visa and American Express (2011)
Sean Parker at Davos Economic Forum 2012
Ever see an 80-Carat diamond before? Now you have.
Well… how about a 3,106-carat diamond? On this day in 1905, the largest diamond (ever), a 3,106 carat diamond was found at the Premier Mine in Pretoria, South Africa.
These may not be quite as large — but diamonds are a girls best friend, right? Here, feast your eyes on some more very large and beautiful diamonds…
Source: life
Want to know what’s going to happen at this year’s World Economic Forum? With global and business leaders converging to Davos, Switzerland, Reuters’ Ryan McCarthy and Gary Regenstreif break out their crystal ball to tell us what we can expect from this year’s WEF in the Alps.
Source: reuters
Source: whereisthecoool
