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Date: 06/04/12 09:10 AM

27 Responses to Did Mark Zuckerberg Know Facebook Was Overvalued?

  1. Profile photo of fancylad
    fancylad Male 30-39
    18931 posts
    June 4, 2012 at 9:09 am
    Link: Did Mark Zuckerberg Know Facebook Was Overvalued? - That`s what Facebook investors are claiming with a new lawsuit. Zuck knew and sold before the stock tanked. Don`t Like.
  2. Profile photo of Draculya
    Draculya Male 40-49
    14652 posts
    June 4, 2012 at 9:13 am
    Never liked. Burn the witch.
  3. Profile photo of yusuksomuch
    yusuksomuch Male 40-49
    1008 posts
    June 4, 2012 at 9:15 am
    People made a bad investment and are looking to sue!!?? Now I`ve heard everything.
  4. Profile photo of swoop408
    swoop408 Male 18-29
    1754 posts
    June 4, 2012 at 9:19 am
  5. Profile photo of bloomi
    bloomi Male 18-29
    148 posts
    June 4, 2012 at 9:19 am
    If you ask me it was and still is patently obvious that Facebook is hugely overvalued.

    Most stocks have a price / return ratio of about 1:10. That is I`ll make back the money I spent on the stock in about ten years. Facebooks was about 1:100. What muppet thought that was a good idea?

    Also the last .com bubble was only 10 years ago. People who don`t remeber history a doomed to repeat it.
  6. Profile photo of DromEd
    DromEd Male 40-49
    1945 posts
    June 4, 2012 at 9:19 am
    So stupid people were stupid and did a stupid thing and now want to sue. Nothing new there. Did Zuck really do anything illegal? I`d wager some devious shenanigans were going on.
  7. Profile photo of tedgp
    tedgp Male 30-39
    3287 posts
    June 4, 2012 at 9:20 am
    Sounds to me like the investors thought they were on to a big winner, then when their bluff was called, they refuse to accept the blame that they made a bad investment choice so decided to blame others.
  8. Profile photo of sjaakwortel
    sjaakwortel Male 18-29
    358 posts
    June 4, 2012 at 9:21 am
    everybody knew
  9. Profile photo of MacGuffin
    MacGuffin Female 30-39
    2602 posts
    June 4, 2012 at 9:21 am
    I think *all* of these massive IPO floatations of web-based companies are just the latest incarnation of the dot com bubble. Back at the turn of the millennium I had to explain to people why merely having a website wouldn`t make them any money. These days, I find myself explaining to much the same group of people that merely having a lot of users for your free web offering won`t make you any money in the long-term either; certainly not enough to justify the massive outlay you need to get into that position.

    These sites are all based on the premise that, once you`ve herded enough people into signing up and giving you access to their contact details and insights into their habits and relationships, you can use that knowledge to market to them like mad. This theory fails on two points: 1) people aren`t stupid, and 2) Adblock Plus exists.
  10. Profile photo of Ripper398
    Ripper398 Male 18-29
    1310 posts
    June 4, 2012 at 9:23 am
    I`d feel bad for them, but that`s how the stock market game works. When it`s under valued they make raping and when it`s overvalued they get rape. Research research research.
  11. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    June 4, 2012 at 9:24 am
    Did Zuck sell shares? The way I heard it was that he did some fancy financial juggling so that he still retained control. I`m pretty sure it was large investors like Bono, Microsoft etc. that won big on the Facebook fiasco.
  12. Profile photo of MacGuffin
    MacGuffin Female 30-39
    2602 posts
    June 4, 2012 at 9:31 am
    It`s amazing how many people in the stock market game are technically illiterate. You never see Warren Buffett investing in a company he doesn`t understand through-and-through, and that`s the real `secret` of his success: the insight that comes from hard work and the ability to critically analyse potential as an outsider. By contrast, I can only imagine the type of people that invest in Facebook, LinkedIn and Groupon, etc, have got drawers full of magic beans at home, and can`t even work their own iPhones never mind appreciate the complex dynamics of online social media.

  13. Profile photo of Draculya
    Draculya Male 40-49
    14652 posts
    June 4, 2012 at 9:53 am
    Facebook`s share price chart is threatening to turn from a fast blue run into a double black diamond, now at $26 and still falling. I think you should all call your pension fund managers and ask them what their (your) exposure is.

    To illustrate how bad it`s doing, hypothetically speaking, if it keeps falling at current rates of a little faster than a dollar a day, it will reach zero in a little over a fortnight.

    I hate him and his company. I hope the powers that be strip him of his shares and send him to jail, then wind up the company.
  14. Profile photo of burbclaver
    burbclaver Male 50-59
    878 posts
    June 4, 2012 at 10:02 am
    Caveat Emptor. I knew this was going to happen when it wasn`t done as an auction. The insiders got it at a preferred price, pumped the stock then dumped it on the opening bell. It`s an old stock market tradition in which the little guy is screwed every time.
  15. Profile photo of MichaelBored
    MichaelBored Male 40-49
    206 posts
    June 4, 2012 at 10:27 am
    Did Mark Zuckerberg Know Facebook Was Overvalued?

    That would be SO out of character for him.
  16. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36834 posts
    June 4, 2012 at 10:31 am

    I doubt he`s dumb enough to do such obvious insider trading.
    Whiners gonna whine.

    "Oh! I lost money gambling on the stock market! There must be someone to blame! Someone to sue! KILL ZUCKERBURG!!!"
  17. Profile photo of robosnitz
    robosnitz Male 40-49
    2737 posts
    June 4, 2012 at 12:12 pm
    Isn`t that the goal of playing the stock market? Trying to make money?
  18. Profile photo of clockwork208
    clockwork208 Male 30-39
    835 posts
    June 4, 2012 at 1:47 pm
    Haha, he has all of your personal information - he cn still keep selling it to every two-bit trojan-loading, skanky little website he wants to.
  19. Profile photo of Langer
    Langer Male 18-29
    394 posts
    June 4, 2012 at 2:22 pm
    maybe they should make a facebook group to plan their attack...
  20. Profile photo of Angilion
    Angilion Male 40-49
    12387 posts
    June 4, 2012 at 3:34 pm
    Did anybody *not* know Facebook was overvalued?
  21. Profile photo of mzacur
    mzacur Male 18-29
    112 posts
    June 4, 2012 at 4:17 pm
    Oh mean facebook as a publicly traded company had a huge inflated opening market price? Then subsequently tanked when investors started asking each other "How we gonna make money off this when its free?". Color me surprised.

    Advertising is their only revenue stream from that "Business", and while exploiting data mining on the FB user base could possibly make that advertising more effective...its an overvalued, overhyped piece of poo. Always was, always will be. If you lost money on this...good.
  22. Profile photo of lawndartsftw
    lawndartsftw Male 40-49
    1811 posts
    June 4, 2012 at 8:35 pm
    The Millenial version of Bernie Madoff ???
  23. Profile photo of asianchamp
    asianchamp Male 18-29
    414 posts
    June 5, 2012 at 12:53 am
    Meh, the man was smart, bailed and took a cool 1.5 bill with him. People be jealous, me included.
  24. Profile photo of EgalM
    EgalM Male 30-39
    1707 posts
    June 5, 2012 at 7:37 am
    A website that makes money off ads thought to be worth more than it is, no way, that`s impossible. Under that logic I-A-B should be worth a couple million at least, you see where I`m going with this.
  25. Profile photo of Tekinette
    Tekinette Male 30-39
    273 posts
    June 5, 2012 at 8:24 am
    Of course he knew and he wasn`t the only one, it was immoral but was it illegal ? That`s the question.
  26. Profile photo of 8BitHero
    8BitHero Male 18-29
    5414 posts
    June 5, 2012 at 3:22 pm
    It`s Facebook. So?
  27. Profile photo of Zeegrr60
    Zeegrr60 Male 40-49
    2106 posts
    June 5, 2012 at 4:31 pm
    Greedy Farkers! Hope they lose most of it.

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