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Facebook gets $500 million in funding
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i thought they were making mad money with their ad sales..damn
how can i get 5 mill in funding |
they arent making shit...
their operation costs are high.. Facebook = dead in 5 years... :2 cents: . |
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Goldman Sachs..... hmmmm this is bad...
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Interesting. I wonder how fb will do long term, i'm getting tired of it, I wonder how others feel.
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i think the ship is about to sail on them |
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if they dont find pay model on fb after the costs, that will go down, and how much did they made last yr?
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As part of the deal, Goldman Sachs will help Facebook raise an additional $1.5 billion. To do this, the investment bank will create a “special purpose vehicle” that will allow others to invest in Facebook indirectly. This would help Facebook bypass a S.E.C. regulation that requires companies with more than 499 investors to disclose their financial results to the public.
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that's a nice score, imagine if you will get funding like that, you can do some real magic with that in terms of bringing new technology
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the funniest part is that it is now said to be worth 50 billion...
thats 3 billion more then boeing. bubbleicious! |
what is facebook ?
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they went cash flow positive sometime middle of last year. |
if they are going to make 2b profit this year why the fuck they want $500mil in funding???
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they are not going to do 2 billion anything... . |
well, they are serving up ~1 trillion ads per year.
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Facebook is a CIA
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So what?
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Unfortunately they spend it all on overhead. |
New Internet bubble forming...
WG |
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wrong, 2bil in revenue. |
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Remember this term for the future: Facebook Bubble*
*edit - Sorry, I just noticed that someone already made that reference, above. |
their ads are wack.. i know maybe one person who makes $ on fb ads cuz they charge too much and it converts shitty.. who the hell wants indian and chinese traffic..
anyway they tried to become the next adwords, unfortunately they wont be... USERS go to google to find things(therefore adwords works) users go to facebook to stalk girls and talk to friends(ads dont work as well) Same reason myspace isnt raking in billions from their ad model.. |
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Great to hear
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I expect more from MarketSmart and Wiredguy, you guys should know what the deal is with Facebook. The word "bubble" has become such an overused term and is often used wrongly. Facebook is a brand machine, it will be bigger than Google. Anyone who can't see this needs to get their heads examined. |
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Social media bullshit, it's great for attention whores though, just perfect :)
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i dont have time for building relationships on FB.. i spend my time building scripts that automate things on a massive level.. i tried fb traffic and for me it was not worth the effort.. i spent some time with the co founder of wordpress a few months ago and he rolls around in some pretty high tech circles and we talked about fb and he without hesitation told me that he is pretty confident that fb will go the way of myspace in less than 5 years.. so,. i'll go with his opinion over a bunch of former gas station attendants that are now adult webmasters... :2 cents: . |
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AOL, geocities, yahoo, myspace, the trend of 3-5 years of lifespan is clear. Facebook is just a matter of time before the masses get bored with it and every says "You're STILL on Facebook?" |
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only attention whores (god bless them) want everyone to know and see their business.. fb has become a place where bosses, etc see your shenanagins and could ultimately hurt your career, private or family life.. fb was great as showing people what social networking can be, but the next level in my opinion is more privacy where only you and your close friends know where your meeting place is.. fads come and go and fb took myspace and made it simpler and more mature adult friendly.. thats all they did at the end of the day and thats why it took off.. in a few years the next phase will kick in and it wont be FB..... :2 cents: . |
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:angrysoap |
it's got a bit of steam yet.
can FB topple over eventually? sure. especially if they don't listen to suggestions how annoying the interface is. I thought Zuckerberg (iceberg metaphor noted) was worth $15 billion? OK, as a devout numerologist (BOLT = fastest, BILL = richest, WOODS = golfer) I am definitely predicting FB will sucker up an iceberg and sink with 1000s on board. |
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