Facebook Goes Public: Are You Buying?
SodaHead News
2012/05/18 19:00:00
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It's official. Facebook stock is now available. Mark Zuckerberg has had his poker face on for months as the public discussed Facebook's value and tried to predict how much Mark Zuckerberg is worth. Rumors suggested the company was worth close to $100 billion. On Thursday, they announced that initial shares would be worth $38. According to the BBC, that puts the company at $104 billion. When the market opened on Friday, Facebook shares were up to $42.
However, the media seems to be more interested in Zuckerberg's value. With 503.6 million shares in the company, at $38 a share, he was worth about $19.14 billion. Of course, that number is going to fluctuate now that his company has gone public, but you can keep track of his worth in real-time with The Wall Street Journal's "wealth-o-meter." As of writing this, he was up to $20.16 billion based on $40.04 shares. By the time we finished that sentence, he lost about a quarter of a billion dollars. Are you gonna get in on that Zuckerstock wealth? Symbol: FB.
However, the media seems to be more interested in Zuckerberg's value. With 503.6 million shares in the company, at $38 a share, he was worth about $19.14 billion. Of course, that number is going to fluctuate now that his company has gone public, but you can keep track of his worth in real-time with The Wall Street Journal's "wealth-o-meter." As of writing this, he was up to $20.16 billion based on $40.04 shares. By the time we finished that sentence, he lost about a quarter of a billion dollars. Are you gonna get in on that Zuckerstock wealth? Symbol: FB.
Top Opinion
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clyde 2012/05/19 13:47:46
http://www.youtube.com/watch?...
"Diversity" is just a codeword for fewer and fewer whites i.e white genocide.
That includes forcing "Diversity" only on white countries and only white countries which is eliminating my race.
Do you think the world is more "Diverse" after the Hutus killed the Tutsies?
Genocide is genocide,it does not have to include violent acts.
But, you might have a point... I recently read somewhere that for the first time since it came out, Facebook is beginning to see declines.
Besides, now that everything online is integrating with Facebook, it's making it easier for people to keep in contact outside of Facebook. And yes, business is seeing a HUGE boom from Facebook, since many companies are creating pages on the site... but I think that could work against Facebook as users grow tired of being bombarded by companies on their Facebook.
I also remember a company called netscape navigator that was the go to search engine, and it has now ceased operating, so google might not last forever either. The thing is with these companies they just don't make anything, so they exist totally on what people believe is cool at the moment and once one company becomes bigger than them they are finished.
The internet is soo hard to predict.
Besides, how exactly do you value a company with severely limited revenue at $104 billion?