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Mark Zuckerberg
 

Love, Marriage and Finance

inews's picture
inews
     
 
(Senior Baboon, 196
 
Points)
 on 5/27/12 at 11:53am

Mark Zuckerberg got married a day after the IPO of FB.

Was this a smart legal move?

Do you think the marriage will impact the value of FB? Can this company even be accurately valued?

Previous news indicated that the bankers undervalued FB. Do you agree?

Check Out This Video Here: http://dealbook.nytimes.com/2012/05/22/business-da...

  • 4
     

Asperger’s In Silicon Valley

M Friedman's picture
M Friedman
     
 
(King Kong, 1,007
 
Points)
 on 3/28/12 at 3:26pm
images.jpeg

I have always thought about the amount of work and insight it would take to become a decent programmer. Usually I begin to shudder at the thought of spending hours cranking out code on my computer. Maybe a lot of coffee and Paul Kalkbrenner can keep me going on Excel, but I don’t think that formula applies for programming.

So what type of person really enjoys coding away for hours?

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  • 29
     

Weekend Wars: Meat vs. Meet

Midas Mulligan Magoo's picture
Midas Mulligan Magoo
     
 
(Senior Neanderthal, 5,167
 
Points)
 on 5/29/11 at 12:00pm
tigg

From time to time I find stories in the news which fascinate me. They are often not pertinent to the daily grind of the financial community. Life is so much bigger than what we do for our daily bread, that it is hard to get excited about a basis point spike or derailed merger. That said, some of these impertinent stories really get me thinking about the way business is done on Wall Street.

One such story is the seeming pop culture fodder of Mark Zuckerberg’s new diet. For those who are not up to speed, the Facebook founder has decided to only eat animals which he personally kills. This in turn leads to a lot of vegetable eating for Zuck, but my musings on the subject are not the least bit dietary.

What I am wondering is.. does Wall Street really it what it kills?

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  • 5
     

Richest Man in the World Carlos Slim at $74bn Net Worth

BankingRUs9's picture
BankingRUs9
      IB
 
(Senior Orangutan, 471
 
Points)
 on 3/9/11 at 9:59pm
carlos slim.jpg

According to Forbes Magazine, Carlos Slim outdid Bill Gates for the 2nd year in a row as the richest man in the world. His net worth is currently about $74 billion, an increase of about $20.5 billion from last year alone. There are currently 1,210 billionaires in the world, up 200 from last year, as the wealth gap continues to grow. New billionaires include Peter Thiel (Facebook investor) and Eduardo Saverin (Facebook co-founder). The collective wealth of the world's billionaires hit a new record of $4.5 tn. To put that in perspective the global hedge fund industry is only a $1.5 tn industry.

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  • 4
     

Zynga, Facebook, Groupon Colossal Valuations!

BankingRUs9's picture
BankingRUs9
      IB
 
(Senior Orangutan, 471
 
Points)
 on 3/1/11 at 12:40am
mark_zuckerberg_366355.jpg

Week after week, investors have seen multi-billion deals for online businesses with suspect business models. In January, Goldman invested in Facebook at a $50 billion valuation. Zynga's reported $7-$10 billion valuation surpassed that of software giant EA Games. With its recent I.P.O. announced, Groupon even values itself at $15 billion. Some question the reason behind such high valuations...the answer is immense revenue growth. The true question is whether this revenue growth is sustainable:

"Why are venture investors placing colossal valuations on consumer Internet companies like Facebook, Groupon and Zynga? Their revenue growth is simply off the charts.

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  • 18
     

The Death of the IPO

DoctorEvil's picture
DoctorEvil
      O
 
 
(Senior Orangutan, 431
 
Points)
 on 1/13/11 at 4:48am
IPO-logo.jpg

As many of you know, Goldman Sachs recently invested $500 million in Facebook at a $50 billion valuation. Goldman is also reportedly raising $1.5 billion from those special, lucky investors in a special-purpose vehicle that will invest alongside the firm. It's gonna be super special. All kidding aside, this is kind of a BFD. Speculation has been swirling for years around if and when Zuckerberg would take the social networking behemoth public. As you probably know, Zuckerberg has largely resisted, saying time and time again that he had no near-term plans for an IPO and would be taking his sweet time about going public, thank you very much ... and that you can go back to obsessively checking status updates for all he cares. (The Onion, as per usual, pegs The Zuck perfectly.)

Thus, when Goldman poured millions in this week, many in the press were seemingly elated, as its investment would give elite investors the opportunity to invest in Facebook stock and was therefore a clever little private IPO indeed that would save Facebook from having to ACTUALLY go public. Not so fast, Zuckerblurg. It seems an arcane securities law requires a company with over 499 shareholders to begin disclosing financial information -- which is typically followed shortly thereafter by a full-scale IPO. Considering that Facebook has said their number of shareholders will break 500 by the end of the year, it looks like the Goldman deal will force Zuckerberg's hand after all, likely pushing Facebook to an IPO by April of 2012.

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  • 2
     

Shorting Zuckerberg

Jorgé's picture
Jorgé
     
 
(Neanderthal, 2,182
 
Points)
 on 1/11/11 at 6:50pm
FBZ

Ahhh, Facebook. Perhaps the biggest thing ever made since sliced bread. I’m on it, you’re on it, we’re all on it.

With over half a billion active users worldwide, it’s become more popular than porn and has a lifted an awkward, freckled, little nerd (obvious envy seeping) to the Forbes list, with a net worth of $ 6.9 billion last year.

Not to mention TIME’s Man of the year.

With Goldman’s private offering valuing Facebook at $50 billion, they pretty much doubled his net worth and assures a future IPO.

But is Facebook really worth $50 billion to you?

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  • 44
     

The Social Network

Matt the Tiger's picture
Matt the Tiger
      PE
 
(Senior Baboon, 248
 
Points)
 on 12/26/10 at 1:31am
sup?

So I just finished The Social Network, and although encouraged by a few drinks I think this movie is going to be the next Wall Street.

I say this in the sense that Wall Street inspired so many young men to study and improve their understanding of business in thinking this was the next gateway to nirvana. I feel that the Social Network and the detailed story, although told with the troubled personality of Mr. Zuckerberg thrown over the viewer like an extremely heavy overcoat, displays the possibilities of owning ones own ideas and running with them.

Obviously though this movie could have painted mark in a different light but, taking that into account can it be seen that this movie has strong inspirational qualities?

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