The world's largest social network said Wednesday that it earned $425 million, or 17 cents per share. That's up from a loss
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.
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.
The company has also extended the time frame for its $1 billion acquisition of mobile app maker Instagram, projecting the
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.
Facebook executives have said it is inevitable that they will take the company public, but have not specified a date. But
Goldman Sachs is leading the chase to manage the lucrative offering, which could come in the first quarter of 2012, CNBC
VentureWire reports today that Kleiner is taking a small stake in Facebook by buying as much as $38 million of stock from
Facebook’s estimated market value has shot past eBay’s, making it the third most valuable web company. Read more on Newser
Facebook, the popular social networking site, has raised $500 million from Goldman Sachs and a Russian investor in a deal