Facebook's advertising revenue was $1.8 billion, up 66 percent from a year ago. That means that Facebook's market value rose
Facebook is building great value for consumers and brands; it's a very valuable company. Wall Street's negative analysis completely misunderstands the Facebook business model -- and to some extent, the entire nature of the social media market.
The investment banks that helped inflate Facebook's share price may stand to earn fees as Facebook acquires other companies. Unfortunately, the fall in value puts a damper on these plans.
If speculators are disappointed with the performance of the Facebook IPO it is because they had ridiculous expectations of what rational investors would pay. The market has put a premium valuation on a great company and we should be happy about all of that.
All of the pre-IPO hype and post-IPO letdown completely misses the point when it comes to Facebook. Although Wall Street may see it differently, Facebook's main task is not about making a quick buck. It's about slowly and methodically building a sustainable business.
Say goodbye to the individual investor on Wall Street. Whatever positive impression they had of the IPO market and the stock market in general was just torched to the ground.
Facebook is scheduled to begin trading on the Nasdaq on Friday. A host of Wall Street banks are underwriting the offering
Going public and raising a boat load of cash doesn't guarantee success. As we all eagerly await Facebook's Initial Public Offering (IPO), I can't help but to think that history is going to repeat itself.
What's the $100 billion for? It's an option on Mark Zuckerberg and his 800 million Facebook friends. It's an option on whatever future monetization strategy Facebook may develop. That value may be high. It may not be unreasonable.
Zuckerberg's base salary, which amounted to $500,000 in 2011, was the highest of any employee at Facebook. By contrast, Google