Facebook Financials leaked...

[halik]

Dude, have you been to Palo Alto?

1 window = 1 million. flat.

I am convinced that people in that area are retarded:
http://www.zillow.com/homedetails/3665-Ramona-Cir-Palo-Alto-CA-94306/19503321_zpid/
http://www.zillow.com/homedetails/120-Walter-Hays-Dr-Palo-Alto-CA-94303/19468792_zpid/
http://www.zillow.com/homedetails/859-Oregon-Ave-Palo-Alto-CA-94303/19469768_zpid/
http://www.zillow.com/homedetails/7-Tulip-Ln-Palo-Alto-CA-94303/19469008_zpid/

They're all unremarkable if not lame 50s ranch houses, for 7 figures, while median household/family income is $110K/$150K. Amusing house-poor community.

 

[Wreckem]

Also, I think, more or less, they don't feel they need the money, but since they are going to be forced into being a public company in 2012, they might as well have an IPO. If they have to report as a public company, they might as well publicly offer shares.

 

[z0mb13]

I am convinced that people in that area are retarded:
http://www.zillow.com/homedetails/3665-Ramona-Cir-Palo-Alto-CA-94306/19503321_zpid/
http://www.zillow.com/homedetails/120-Walter-Hays-Dr-Palo-Alto-CA-94303/19468792_zpid/
http://www.zillow.com/homedetails/859-Oregon-Ave-Palo-Alto-CA-94303/19469768_zpid/
http://www.zillow.com/homedetails/7-Tulip-Ln-Palo-Alto-CA-94303/19469008_zpid/

They're all unremarkable if not lame 50s ranch houses, for 7 figures!

Well yeah he can get like 100 houses in podunk state USA, but there's no facebook HQ in podunk state USA

 

[RbSX]

I am convinced that people in that area are retarded:
http://www.zillow.com/homedetails/3665-Ramona-Cir-Palo-Alto-CA-94306/19503321_zpid/
http://www.zillow.com/homedetails/120-Walter-Hays-Dr-Palo-Alto-CA-94303/19468792_zpid/
http://www.zillow.com/homedetails/859-Oregon-Ave-Palo-Alto-CA-94303/19469768_zpid/
http://www.zillow.com/homedetails/7-Tulip-Ln-Palo-Alto-CA-94303/19469008_zpid/

They're all unremarkable if not lame 50s ranch houses, for 7 figures, while median household/family income is $110K/$150K. Amusing house-poor community.

Welcome to living in an affluent city, these older houses probably didn't cost that much when they were purchased.

My parents house was 185k when they bought it. 25 years later (different house mind you).. the house + lot is nearly 3.5 million.

 

[alkemyst]

LOL at the linked article within that one. They call this a mansion?
http://gawker.com/5798947/mark-zuckerberg-upgrades-to-his-biggest-mansion-yet

Seriously? It's price tag may be staggering, but to call that a mansion is drama and hype at it's best. In many places between the coasts that would be worth 1/10th that cost. Hell, I live in a 5000 sq/ft home that only cost $340k to build.

His place isn't a mansion...this is a mansion:
http://www.luxuryrealestate.com/res...adowgate-road-encino-california-united-states

Location matters most, then that sets the interior/exterior finishes most of the time.

Hicks tend to think their 3000+ sq ft manufactured homes are just as good as a CBS one in a better neighborhood.

This is a mansion BTW:

http://curbed.com/archives/2011/12/02/palm-beachs-most-expensive-manse-costs-a-whopping-74m.php

Yet 4 million could buy you a nice one still here.

 

[halik]

Welcome to living in an affluent city, these older houses probably didn't cost that much when they were purchased.

My parents house was 185k when they bought it. 25 years later (different house mind you).. the house + lot is nearly 3.5 million.

That's my point, $150K median family income doesn't make for 7 figure 1500sqft ranch homes. Compare that to Bloomfield Hills, MI (wealthiest Detroit suburub), median family income >$200K and 7fig houses there:
http://www.zillow.com/homedetails/1650-Rathmor-Rd-Bloomfield-Hills-MI-48304/24492528_zpid/
http://www.zillow.com/homedetails/1865-Huntingwood-Ln-Bloomfield-Hills-MI-48304/24492165_zpid/

 

[pyonir]

I know you're better than this.


:'(

haha, never even thought about it until you mentioned it. Doh! Oh well.

 

[tokie]

Zuckerberg is dumb dumb.

Facebook could have fetched a higher IPO price one or two years ago. Now it has peaked in potential value. Ad revenue will go up slightly for the next few years but they will be stuck monetizing a smaller user base.

 

[OlafSicky]

Zuckerberg is dumb dumb.

Facebook could have fetched a higher IPO price one or two years ago. Now it has peaked in potential value. Ad revenue will go up slightly for the next few years but they will be stuck monetizing a smaller user base.

And you made your billions how?

 

[Jeffg010]

Zuckerberg is dumb dumb.

Facebook could have fetched a higher IPO price one or two years ago. Now it has peaked in potential value. Ad revenue will go up slightly for the next few years but they will be stuck monetizing a smaller user base.

Not sure why people are bashing Facebook for the IPO thing because look at Google it worked well for them. The stock won't drop it is going to do what Google did and be one of the hottest stocks.

Facebook is the New York Yankees of the tech world. Everyone loves to hate on them and Zuckerberg is going to use those stock options to buy all the top talent and crush his competition.

 

[Josh]

Zuckerberg is dumb dumb.

Facebook could have fetched a higher IPO price one or two years ago. Now it has peaked in potential value. Ad revenue will go up slightly for the next few years but they will be stuck monetizing a smaller user base.

 

[WhoBeDaPlaya]

Isn't that Ironman's house?

Glad I wasn't the only one thinking that

 

[IceBergSLiM]

Zuckerberg is dumb dumb.

Facebook could have fetched a higher IPO price one or two years ago. Now it has peaked in potential value. Ad revenue will go up slightly for the next few years but they will be stuck monetizing a smaller user base.

smaller user base? It peaked?

 

[Braznor]

With that kind of money you'd think Zuckerburg would get a good looking girlfriend.

I dont care how much of an asshole he is, he'd be able to get a white girl.

LOL!

You think you need a billion dollars to get a white girl?

 

[Miramonti]

operating cash flow is $1 billion.

Whoever thinks this is a $50 billion company is a fucking moron.

ftfy

 

[tokie]

smaller user base? It peaked?

What do you think is worth more to an advertiser? 10 kids in college or 15 people who are 55?

Who is worth more to an advertiser, 10 Americans or 20 Bulgarians?

Even though the user base is technically growing, it is not with desirables from an advertising standpoint.

 

[rudder]

Funny, because I've given facebook $0.00 so far

Someone clicks on the advertising links and a few buy stupid shit for farmville. And a few people put in way more information that they should... which is sold.

When you have 500,000,000 users... a few percentage points of that means a lot of $$$.

 

[alent1234]

The Wall Street model.

1) Wall Street says IPO makes hte most sense because it provides the most in commissions to Wall Street insiders

2) Idiots at Facebook think Wall Street knows more about Facebook than facebook does.

3) Wall Street pumps the IPO

4) IPO occurs and on same day Wall Street dumps stock on idiots

5) Hopefully the smart ones at Facebook sold on Day 1

6) suckers that bought get slaughtered.



Bottom line, if this company is so healthy why do they need money?

ask Larry and Sergey why they went public?

VC's and angel investors want cash at some point. IPO is how it's done

IPO will bring in a lot of cash to allow them to invest in project that they don't have the funds to invest at this point

 

[ViviTheMage]

Debt: $0

wow...

Yeah, that was fast...thought they were in the hole a few billion?

 

[lord_emperor]

Funny, because I've given facebook $0.00 so far

You're not the customer, you are the product.

 

[FoBoT]

with interest rates for large corps so low, why is no debt such a big deal?

 

[Jeffg010]

with interest rates for large corps so low, why is no debt such a big deal?

Because that is not the American way. You have to be in debt like everyone else.

 

[oogabooga]

You're not the customer, you are the product.

A concept a lot of people don't understand.

 

[Imp]

On a related note:

http://money.cnn.com/2011/12/16/technology/zynga_ipo/index.htm?iid=Lead

So, Zynga and Facebook use the rule of 100 (i.e. Zynga's 2010 "profit" was $90 million, Facebook was a billion-ish, thus they are worth x100)?

 

[Shlong]

With that kind of money you'd think Zuckerburg would get a good looking girlfriend.

I dont care how much of an asshole he is, he'd be able to get a white girl.

A potential gold digger? This guy seems different and doesn't seem to care for such things (driving modest car).