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   Mark Zuckerberg has about a billion reasons to love the new Facebook IPO

04 May 2012 03:36 PM   |   1245 clicks   |   Newser
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madcan34     
dick

04 May 2012 03:53 PM
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Jakamo    [TotalFark]  
18 billions

04 May 2012 04:05 PM
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Mr_Fabulous     
madcan34: dick

Winkelvoss?

04 May 2012 04:34 PM
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HotIgneous Intruder     
Mark Sugarmountain can suck my schwanz.

04 May 2012 04:39 PM
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Atomic Spunk     
HotIgneous Intruder: Mark Sugarmountain can suck my schwanz.

The other Winkelvoss?

04 May 2012 04:40 PM
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madcan34     
Mr_Fabulous: madcan34: dick

Winkelvoss?


Nah - just someone who wants a billion dollars without having to put in as much work as he did.

None would be ideal

04 May 2012 04:44 PM
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farkin_Gary     
It is to laugh.

04 May 2012 05:02 PM
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buttery_shame_cave     
say what you will about him, the kid knows good money moves. he dumps a hunk of his own money on the first day when trading is good and he stands to make upwards of a billion.

he's officially set and can all but retire. while he's working on that the day after the IPO, everyone who bought shares are dusting themselves off, holding their heads and going 'wtf did we just do' and panic-selling because they realize facebook doesn't actually MAKE anything.

yeah they have a cash flow, but they don't actually DO anything. they don't even really provide a service(or services), like google does.

04 May 2012 06:09 PM
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Rapmaster2000     
Mark had a brilliant idea that had never been thought of. This service is irreplaceable! It's not like someone can invent a service that does the same thing but appears both more exclusive and has more novelty than Facebook. What would they call it? MySter or some such nonsense!

04 May 2012 07:48 PM
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Somaticasual    [TotalFark]  
buttery_shame_cave: he dumps a hunk of his own money on the first day when trading is good and he stands to make upwards of a billion.

It's been trading privately for years - zuckerberg doesn't have to buy anything the first day, just liquidate a moderate portion of his portfolio. They're offering less than a majority's portion of the shares too, and the current holders will make out like bandits because they all have thousands if not millions of shares.

04 May 2012 08:34 PM
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intelligent comment below     
Except he wouldn't be able to liquidate his ownership unless he quits and even then there are strict rules to how much you can sell and when. That's why his net worth will go up and down but it's not like he can swim in all the money in a pool. Yet

04 May 2012 09:23 PM
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anfrind     
buttery_shame_cave: say what you will about him, the kid knows good money moves. he dumps a hunk of his own money on the first day when trading is good and he stands to make upwards of a billion.

he's officially set and can all but retire. while he's working on that the day after the IPO, everyone who bought shares are dusting themselves off, holding their heads and going 'wtf did we just do' and panic-selling because they realize facebook doesn't actually MAKE anything.

yeah they have a cash flow, but they don't actually DO anything. they don't even really provide a service(or services), like google does.


They gather huge amounts of personal information and use it to sell targeted ads. Although I have heard that despite that huge theoretical advantage over their competitors, they don't actually provide more value than their competitors. Google, for example, provides a treasure trove of statistics about who clicked on ads and what the typical visitor was looking at when they clicked on the ad--which makes it a lot easier for an advertiser to fine-tune their online ad campaign. Facebook tells advertisers how many people clicked on the ad, but little else.

04 May 2012 10:06 PM
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Somaticasual    [TotalFark]  
intelligent comment below: Except he wouldn't be able to liquidate his ownership unless he quits and even then there are strict rules to how much you can sell and when. That's why his net worth will go up and down but it's not like he can swim in all the money in a pool. Yet

According to every source I've checked, he's selling 32 million shares. At $35/pop or more. His net worth will go up a billion most likely. I'd call that 'pool of money WITH a butler and a lifeguard throwing more cash in.'.

04 May 2012 10:11 PM
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Somaticasual    [TotalFark]  
Somaticasual: intelligent comment below: Except he wouldn't be able to liquidate his ownership unless he quits and even then there are strict rules to how much you can sell and when. That's why his net worth will go up and down but it's not like he can swim in all the money in a pool. Yet

According to every source I've checked, he's selling 32 million shares. At $35/pop or more. His net worth will go up a billion most likely. I'd call that 'pool of money WITH a butler and a lifeguard throwing more cash in.'.


Whoops. 30.2 million shares, not 32 million.

04 May 2012 10:12 PM
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AKTurkey     
If I had a billion dollars, I'd buy you a fur coat

/but not a real fur coat, that's cruel

04 May 2012 11:27 PM
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nich0lai     
Anyone know if this is actually a decent investment? I hate FB but it does sort of dominate a market, weakly.

04 May 2012 11:52 PM
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joness0154     
nich0lai: Anyone know if this is actually a decent investment? I hate FB but it does sort of dominate a market, weakly.

I'm personally going to stay away from FB stock. I think they're severely overvalued - similar to how Groupon ended up

05 May 2012 12:57 AM
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Ned Stark     
Somaticasual: Somaticasual: intelligent comment below: Except he wouldn't be able to liquidate his ownership unless he quits and even then there are strict rules to how much you can sell and when. That's why his net worth will go up and down but it's not like he can swim in all the money in a pool. Yet

According to every source I've checked, he's selling 32 million shares. At $35/pop or more. His net worth will go up a billion most likely. I'd call that 'pool of money WITH a butler and a lifeguard throwing more cash in.'.

Whoops. 30.2 million shares, not 32 million.


only 30.2?

might as well lay his shabby hat out on the sidewalk and strum a guitar next to it.

05 May 2012 02:41 AM
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RTOGUY     
nich0lai: Anyone know if this is actually a decent investment? I hate FB but it does sort of dominate a market, weakly.

theglobe.com. If you don't know the history check it out before you invest any money. Facebook might be here to stay and this could be the greatest investment opportunity in history. Then again...theglobe.com.

05 May 2012 10:47 AM
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