Be Excellent To Each Other

And, you know, party on. Dude.

All times are UTC [ DST ]




Reply to topic  [ 43 posts ] 
Author Message
 Post subject: Facebook
PostPosted: Fri May 18, 2012 8:18 
User avatar
Gogmagog

Joined: 30th Mar, 2008
Posts: 46960
Location: Cheshire
So, $104Bn is the starting price as it goes public today. This was always going to be THE BIG EVENT in the tech industry. A lot of people have been wondering "is this a technoolgy bubble we're in?" and some say "Yes, this is madness!" whilst others roll arouund in Franklins. I think that this could mark the end of the big dollar IPOs for a while, with more higher profile firms being bought out before going public in this sector. Shares on the secondary market have probably been trading hands at large multiples, propping up ailing pension funds. Still, I'll be watching with great interest. I think it'll peak today at $138 Bn, before settling at $112Bn. What do you think?

_________________
Mr Chris wrote:
MaliA isn't just the best thing on the internet - he's the best thing ever.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 8:25 
User avatar
Unpossible!

Joined: 27th Jun, 2008
Posts: 37146
So Facebook is worth more than a smallish country?


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 8:27 
User avatar
Gogmagog

Joined: 30th Mar, 2008
Posts: 46960
Location: Cheshire
DavPaz wrote:
So Facebook is worth more than a smallish country?


To some, apparently so. I've got £2.80 in my pocket so could probably buy Greece/irelan/Spain/Portugal/Italy at present, and have change for a pint.

_________________
Mr Chris wrote:
MaliA isn't just the best thing on the internet - he's the best thing ever.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 8:27 
Filthy Junkie Bitch

Joined: 17th Dec, 2008
Posts: 8293
MaliA wrote:
I think it'll peak today at $138 Bn, before settling at $112Bn. What do you think?

This. And $80Bn by christmas.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 8:28 
User avatar
Unpossible!

Joined: 27th Jun, 2008
Posts: 37146
A northern pint.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 9:29 
User avatar
Excellent Member

Joined: 30th Mar, 2008
Posts: 5924
Location: Stockport - The Jewel in the Ring
MaliA wrote:
I think it'll peak today at $138 Bn, before settling at $112Bn. What do you think?


That this article is onto something.

_________________
Mint To Be Stationery - Looking for a Secret Santa gift? Try our online shops at Mint To Be.

Book me in the Face | Tweet me. Tweet me like a British nanny.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 9:32 
SupaMod
User avatar
Est. 1978

Joined: 27th Mar, 2008
Posts: 68464
Location: Your Mum
Sweepstake? Peak at $142Bn.

_________________
Grim... wrote:
I wish Craster had left some girls for the rest of us.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 9:35 
User avatar
ugvm'er at heart...

Joined: 4th Mar, 2010
Posts: 21734
Plissken wrote:
MaliA wrote:
I think it'll peak today at $138 Bn, before settling at $112Bn. What do you think?


That this article is onto something.


Interesting, i've never really considered it in that light.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 9:46 
User avatar
Gogmagog

Joined: 30th Mar, 2008
Posts: 46960
Location: Cheshire
Grim... wrote:
Sweepstake? Peak at $142Bn.


OK, If it is between 140-and 144 I'll buy you a pint, and I'll take 136-140?

Anyone else care to join in

_________________
Mr Chris wrote:
MaliA isn't just the best thing on the internet - he's the best thing ever.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 19:43 
User avatar

Joined: 12th Apr, 2008
Posts: 16100
Location: Oxford
If you missed out on shares in the sinister Facebook, I know of a great venture in the South Seas.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri May 18, 2012 19:48 
Filthy Junkie Bitch

Joined: 17th Dec, 2008
Posts: 8293
Kern wrote:
If you missed out on shares in the sinister Facebook, I know of a great venture in the South Seas.

Unfortunately, all my capital is tied up in Tulip bulbs right now.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Mon May 21, 2012 21:28 
User avatar
Skillmeister

Joined: 27th Mar, 2008
Posts: 26650
Location: Felelagedge Wedgebarge, The River Tib
More than one third of divorce filings last year mentioned the word "Facebook". Via @louistheroux

_________________
Washing Machine: Fine. Kettle: Needs De-scaling. Shower: Brand new. Boiler: Fine.
Archimedes Hotdog Rhubarb Niner Zero Niner.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 6:15 
Excellent Member

Joined: 5th Dec, 2010
Posts: 3353
The shares have dropped from $38 to $31 already.

There also appears to be the faint smell of corruption hanging of the floatation as well


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 7:12 
User avatar
Sleepyhead

Joined: 30th Mar, 2008
Posts: 27175
Location: Kidbrooke
Nasdaq are gonna get sued; that's for sure.

_________________
I've got a bad feeling about this.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 7:25 
SupaMod
User avatar
Est. 1978

Joined: 27th Mar, 2008
Posts: 68464
Location: Your Mum
Curiosity wrote:
Nasdaq are gonna get sued; that's for sure.

What happened?

_________________
Grim... wrote:
I wish Craster had left some girls for the rest of us.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 7:47 
User avatar
Fitness Nut...

Joined: 25th Sep, 2008
Posts: 21182
Location: shropshire, uk
It was in the Independent this morning,... apparently important information was kept from investors..

_________________
MetalAngel wrote:
Kovacs: From 'unresponsive' to 'kebab' in 3.5 seconds


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 8:32 
User avatar

Joined: 30th Mar, 2008
Posts: 32601
KovacsC wrote:
apparently important information was kept from investors..
No, not quite.

NASDAQ is being sued because it had systems problems that prevented buy and sell orders from going through correctly. Meanwhile, Facebook is being sued for inaccurate information in its IPO prospectus. Two separate lawsuits.

More: http://www.reuters.com/article/2012/05/ ... 2O20120523


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 8:35 
SupaMod
User avatar
Commander-in-Cheese

Joined: 30th Mar, 2008
Posts: 48802
KovacsC wrote:
apparently important information was kept from investors..


What, like "Shawnee is sooooo happy 2 c her man agin now he out prison. Gunna partie tonight lol! x.x.X.x.x"

_________________
GoddessJasmine wrote:
Drunk, pulled Craster's pork, waiting for brdyime story,reading nuts. Xz


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 8:41 
User avatar
Gogmagog

Joined: 30th Mar, 2008
Posts: 46960
Location: Cheshire
Craster wrote:
KovacsC wrote:
apparently important information was kept from investors..


What, like "Shawnee is sooooo happy 2 c her man agin now he out prison. Gunna partie tonight lol! x.x.X.x.x"



That could be MrsA's cousin writing that.

_________________
Mr Chris wrote:
MaliA isn't just the best thing on the internet - he's the best thing ever.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 9:56 
User avatar
Sleepyhead

Joined: 30th Mar, 2008
Posts: 27175
Location: Kidbrooke
I was reading yesterday that Nasdaq made ten million out of their balls up, due to the movement in share price. That'll help them pay off the claimants, at least.

_________________
I've got a bad feeling about this.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed May 23, 2012 10:20 
8-Bit Champion
User avatar
Two heads are better than one

Joined: 16th Apr, 2008
Posts: 14212
http://www.guardian.co.uk/technology/20 ... ted-secret

Quote:
Facebook IPO: banks investigated for allegedly keeping negative news secret

Morgan Stanley, JP Morgan and Goldman Sachs are said to have shared with big investors while keeping public in the dark


Quote:
Financial regulators are to investigate whether the banks in charge of Facebook's initial stock offering broke the rules by selectively releasing negative news about the company before shares went on sale.

The financial industry regulatory authority (Finra) is looking into allegations that Morgan Stanley and other banks released reduced revenue forecasts for Facebook to big investors – but not the general public – before Friday's IPO. Such activity could constitute a violation of securities law.

Mary Schapiro, chairwoman of the securities and exchange commission, said it also had concerns. Speaking to reporters outside a Senate banking committee hearing into JP Morgan's financial reporting, she said: "I think there is a lot of reason to have confidence in our markets and in the integrity of how they operate, but there are issues that we need to look at specifically with respect to Facebook."

Facebook stock charted a lackluster performance in its first day of trading before falling steeply at the start of this week. News of the Finra investigation drove the stock down more than 8% Tuesday.

It is the second regulatory investigation tied to the Facebook IPO. The SEC announced Friday that it was looking into reports of breakdowns in trading mechanisms at the Nasdaq exchange as the stock went on sale.

And the SEC investigation isn't the only headache for Nasdaq after the Facebook IPO. An investor is suing the exchange, accusing it of negligence in handling trades that resulted in losses for traders, Reuters reports.

All three banks that worked on the Facebook deal – Morgan Stanley, JP Morgan and Goldman Sachs – will be investigated for allegedly sharing the negative news with institutional investors but not the public at large, Finra chairman Richard Ketchum told Reuters.

"If true, the allegations are a matter of regulatory concern to Finra and the SEC," Ketchum said.

The Facebook underwriters already had come under criticism for rolling out the stock at a price the market could not sustain, although the aggressive pricing netted $16bn for Facebook owners.

Barry Ritholtz, the widely followed financial blogger and chief market strategist at Fusion IQ in New York, criticised all sides – Facebook, Morgan Stanley and Nasdaq.

"Thus, what we see are a series of bad decisions made by Facebook's executives going back many years," he wrote on his blog Tuesday. "The insiders got greedy, too clever by half, in how they used secondary markets. They picked a bad banker and an awful exchange," Ritholtz said.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu May 24, 2012 15:17 
User avatar

Joined: 30th Mar, 2008
Posts: 32601
Litany of incompetence: http://blogs.reuters.com/felix-salmon/2 ... ompetents/


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu May 24, 2012 21:50 
Excellent Member

Joined: 5th Dec, 2010
Posts: 3353
I also don't understand how a company with revenues of $6 Billion PA can be floated for $104 Billion.

Its now worth more than Amazon who have $11 Billion revenue in 3 months.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu May 24, 2012 22:29 
SupaMod
User avatar
Est. 1978

Joined: 27th Mar, 2008
Posts: 68464
Location: Your Mum
asfish wrote:
I also don't understand how a company with revenues of $6 Billion PA can be floated for $104 Billion.

Its now worth more than Amazon who have $11 Billion revenue in 3 months.

Worth more than Google, too.

_________________
Grim... wrote:
I wish Craster had left some girls for the rest of us.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu May 24, 2012 23:26 
User avatar

Joined: 30th Mar, 2008
Posts: 32601
asfish wrote:
I also don't understand how a company with revenues of $6 Billion PA can be floated for $104 Billion.

Its now worth more than Amazon who have $11 Billion revenue in 3 months.

Amazon's profit margins are teeny tiny. Facebook's aren't. In order to scale revenue, Amazon has to scale costs. Facebook doesn't.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Mon Jul 30, 2012 18:37 
User avatar

Joined: 12th Apr, 2008
Posts: 16100
Location: Oxford
Argh! My nice, clear, and easy to use profile has been 'upgraded' to the shitty, ugly, and needlessly complicated Timeline. Dam you, Zuckerburg!


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed Sep 12, 2012 8:45 
User avatar
UltraMod

Joined: 27th Mar, 2008
Posts: 55711
Location: California
Facebook share price halves.

Quelle surprise.

_________________
I am currently under construction.
Thank you for your patience.


Image


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Wed Sep 12, 2012 8:46 
User avatar
INFINITE POWAH

Joined: 1st Apr, 2008
Posts: 30498
Anyone who couldn't see that coming was a massive belm-faced knob-winkle.

_________________
http://www.thehomeofawesome.com/
Eagles soar, but weasels don't get sucked into jet engines.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Tue Oct 23, 2012 15:48 
SupaMod
User avatar
Est. 1978

Joined: 27th Mar, 2008
Posts: 68464
Location: Your Mum
Image

Oh.

_________________
Grim... wrote:
I wish Craster had left some girls for the rest of us.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Tue Oct 23, 2012 16:12 
User avatar
gooby pls

Joined: 30th Mar, 2008
Posts: 13212
Location: Shropshire, UK
If I won the lottery, I would totally spam people's Timelines with shit I'd paid to promote. Like literally, just statuses of "I'M SHIT I'M SHIT I'M SHIT" etc.

_________________
Mostly pointless witterings of a fool. gazchap.com
Source Design - Graphic Design and Web Design Shropshire


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Tue Oct 23, 2012 17:00 
User avatar
Heavy Metal Tough Guy

Joined: 31st Mar, 2008
Posts: 6147
GazChap wrote:
If I won the lottery, I would totally spam people's Timelines with shit I'd paid to promote. Like literally, just statuses of "I'M SHIT I'M SHIT I'M SHIT" etc.

:this: only it would be a pic of me lighting a cigar with a £50 note, sitting in my Ferrari in the courtyard of my 16th Century Tuscan Palace. "MY LIFE IS BETTER THAN YOURS" in their time line. Forever.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Tue Oct 23, 2012 18:41 
Excellent Member

Joined: 5th Dec, 2010
Posts: 3353
So if I paid £4 to promote what do I get for this?

Only use facebook to see what old school friends look like and maybe the odd message to them, so I don't really use or understand all of it


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Mon Nov 12, 2012 12:56 
User avatar
Gogmagog

Joined: 30th Mar, 2008
Posts: 46960
Location: Cheshire
Interesting article on the possible reasons behind the IPO.

_________________
Mr Chris wrote:
MaliA isn't just the best thing on the internet - he's the best thing ever.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu Feb 20, 2014 15:35 
SupaMod
User avatar
Est. 1978

Joined: 27th Mar, 2008
Posts: 68464
Location: Your Mum
Facebook has thrown some (American) pennies around to buy WhatApp.

1,900,000,000,000 of them, actually.

_________________
Grim... wrote:
I wish Craster had left some girls for the rest of us.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu Feb 20, 2014 16:39 
User avatar
Sleepyhead

Joined: 30th Mar, 2008
Posts: 27175
Location: Kidbrooke
They should have bought WhatsApp instead.

_________________
I've got a bad feeling about this.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu Feb 20, 2014 16:39 
SupaMod
User avatar
Est. 1978

Joined: 27th Mar, 2008
Posts: 68464
Location: Your Mum
But WhatApp was made by Neil Patrick Harris.

_________________
Grim... wrote:
I wish Craster had left some girls for the rest of us.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu Feb 20, 2014 16:44 
User avatar
ugvm'er at heart...

Joined: 4th Mar, 2010
Posts: 21734
Isn't it £4bn actually money, and the rest magic paper banky money?

Still, £4bn isn't to be sniffed at, for a 55 person company. I wonder how they will share it out...


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Thu Feb 20, 2014 20:22 
User avatar
UltraMod

Joined: 27th Mar, 2008
Posts: 55711
Location: California
Trooper wrote:
Isn't it £4bn actually money, and the rest magic paper banky money?

Still, £4bn isn't to be sniffed at, for a 55 person company. I wonder how they will share it out...

"A few people super rich, the rest rich, and an admin assistant was picking out her Lamborghini earlier" is what I read.

_________________
I am currently under construction.
Thank you for your patience.


Image


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Fri Apr 16, 2021 23:08 
User avatar

Joined: 27th Mar, 2008
Posts: 23188
I did consider posting this in the ‘How does Facebook deal with dead people’ thread but chickened out as it was likely in bad taste.

Anyway, I just wanted to post this fine example of my favourite kind of Facebook interaction.

(The commenter is an old colleague, I do not follow the medium... :D )


You do not have the required permissions to view the files attached to this post.

_________________
Image


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Mon Apr 19, 2021 4:02 
User avatar
Can you dig it?

Joined: 5th Apr, 2008
Posts: 3967
I can still see through the yellow mark you've made to obscure their surname. Prolly not a huge deal as they are using social media and commenting on what looks to be a public post, but still.

_________________
rumours about the high quality of the butter reached Yerevan


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Mon Apr 19, 2021 8:48 
User avatar

Joined: 27th Mar, 2008
Posts: 23188
D’oh. Probably not a huge deal as she isn’t exactly saying anything shocking (having not seen a ghost being hardly a worrisome trait) but I’ll go back over it for completion’s sake).

_________________
Image


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Mon Apr 19, 2021 17:40 
User avatar
Decapodian

Joined: 15th Oct, 2010
Posts: 4387
Knowing the person in question I'm more surprised that she didn't have a lengthy story about when she met a ghost.


Top
 Profile  
 
 Post subject: Re: Facebook
PostPosted: Mon Apr 19, 2021 17:55 
User avatar

Joined: 27th Mar, 2008
Posts: 23188
:DD

I absolutely adore this woman. She was half of the world’s best duo of ‘Work Mums’. Need a chat with your mum but you’re stuck at work? There they were!

_________________
Image


Top
 Profile  
 
Display posts from previous:  Sort by  
Reply to topic  [ 43 posts ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: Columbo, Kern, Satsuma, The Greys and 0 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search within this thread:
You are using the 'Ted' forum. Bill doesn't really exist any more. Bogus!
Want to help out with the hosting / advertising costs? That's very nice of you.
Are you on a mobile phone? Try http://beex.co.uk/m/
RIP, Owen.

Powered by a very Grim... version of phpBB © 2000, 2002, 2005, 2007 phpBB Group.