Facebook's gone public: Your thoughts?

What are your thoughts on Facebook having gone public and the controversy regarding the fact that only certain investors were alerted to Facebook's declining stock-value in time to withdraw their stock? Also, do you think its stock-value will eventually rise to a value far above its greatest past value (~$45.00)?

Way too overpriced. And I dont really see the reason for them to go public, they dont need the money and zuckerburg would just have less control if its public company.

Would never invest in it. There's always something new around the bend and facebook won't be around forever.

All I have to say, the company is very overvalued. SteverXIII

Well, its current stock-value is less than its initial one. I believe that it's currently ~$31.00. Do you consider even the current value to be too much?

[QUOTE="SteverXIII"]All I have to say, the company is very overvalued. BluRayHiDef

Well, its current stock-value is less than its initial one. I believe that it's currently ~$31.00. Do you consider even the current value to be too much?

I could care less and I hope it tanks, just so I can lol.

Over-hyped train wreck is what it was. I laughed at the whole notion of only select people can buy the shares than that **** bombed hard and 2.2billion was "lost" in like 24 hours or something.

Would never invest in it. There's always something new around the bend and facebook won't be around forever.

Pirate700

[QUOTE="Pirate700"]

Would never invest in it. There's always something new around the bend and facebook won't be around forever.

Cloud_765

Would never invest in it. There's always something new around the bend and facebook won't be around forever.

Pirate700

This IPO was basically a cash out for the founders. Offering stock is supposed to raise money for a growing business, whereas Facebook is already dominant in its industry.

I'm not saying that Facebook is going to last forever, but im fairly certain most of you are still underestimating how powerful Facebook is. To give a perfect analogy, think of World of Warcraft.

Time and time again somebody releases an MMO that does, graphics, combat, mechanics, social integration, questing, etc better than WoW.So why has nearly every other MMO fizzled while the 800 Pound gorilla remain untounched? Because their friends play it. And it seems like every year someone decalres upcoming X MMO as a "WoW killer" and every year, it never happens.

Until a new social media site is able to convert not just users but their friends along with it, Facebook will still be the dominant social media website. And that can be quite a lot more years.

I'm not saying that Facebook is going to last forever, but im fairly certain most of you are still underestimating how powerful Facebook is. To give a perfect analogy, think of World of Warcraft.

Time and time again somebody releases an MMO that does, graphics, combat, mechanics, social integration, questing, etc better than WoW.So why has nearly every other MMO fizzled while the 800 Pound gorilla remain untounched? Because their friends play it. And it seems like every year someone decalres upcoming X MMO as a "WoW killer" and every year, it never happens.

Until a new social media site is able to convert not just users but their friends along with it, Facebook will still be the dominant social media website. And that can be quite a lot more years.

XaosII

I'm not saying that Facebook is going to last forever, but im fairly certain most of you are still underestimating how powerful Facebook is. To give a perfect analogy, think of World of Warcraft.

Time and time again somebody releases an MMO that does, graphics, combat, mechanics, social integration, questing, etc better than WoW.So why has nearly every other MMO fizzled while the 800 Pound gorilla remain untounched? Because their friends play it. And it seems like every year someone decalres upcoming X MMO as a "WoW killer" and every year, it never happens.

Until a new social media site is able to convert not just users but their friends along with it, Facebook will still be the dominant social media website. And that can be quite a lot more years.

XaosII

Facebook still has to show how it can make money.

[QUOTE="XaosII"]

I'm not saying that Facebook is going to last forever, but im fairly certain most of you are still underestimating how powerful Facebook is. To give a perfect analogy, think of World of Warcraft.

Time and time again somebody releases an MMO that does, graphics, combat, mechanics, social integration, questing, etc better than WoW.So why has nearly every other MMO fizzled while the 800 Pound gorilla remain untounched? Because their friends play it. And it seems like every year someone decalres upcoming X MMO as a "WoW killer" and every year, it never happens.

Until a new social media site is able to convert not just users but their friends along with it, Facebook will still be the dominant social media website. And that can be quite a lot more years.

Pirate700

Facebook reached it's peak. Where can it go after it's already on the top? Down....

[QUOTE="Pirate700"]

[QUOTE="XaosII"]

I'm not saying that Facebook is going to last forever, but im fairly certain most of you are still underestimating how powerful Facebook is. To give a perfect analogy, think of World of Warcraft.

Time and time again somebody releases an MMO that does, graphics, combat, mechanics, social integration, questing, etc better than WoW.So why has nearly every other MMO fizzled while the 800 Pound gorilla remain untounched? Because their friends play it. And it seems like every year someone decalres upcoming X MMO as a "WoW killer" and every year, it never happens.

Until a new social media site is able to convert not just users but their friends along with it, Facebook will still be the dominant social media website. And that can be quite a lot more years.

MrPraline

By ads, and selling personal data to advertisers to get more specific ads tailored to you.

[QUOTE="MrPraline"][QUOTE="Pirate700"]The difference is WoW/blizz generates revenue. FB does not. They are not a paid service. As such they can't even offer their investors dividends. Investing in FB is just investing in how long the site will be popular and how long the stock will be a "fun" stock to own.

dercoo

By ads, and selling personal data to advertisers to get more specific ads tailored to you.

[QUOTE="Pirate700"]

[QUOTE="XaosII"]

I'm not saying that Facebook is going to last forever, but im fairly certain most of you are still underestimating how powerful Facebook is. To give a perfect analogy, think of World of Warcraft.

Time and time again somebody releases an MMO that does, graphics, combat, mechanics, social integration, questing, etc better than WoW.So why has nearly every other MMO fizzled while the 800 Pound gorilla remain untounched? Because their friends play it. And it seems like every year someone decalres upcoming X MMO as a "WoW killer" and every year, it never happens.

Until a new social media site is able to convert not just users but their friends along with it, Facebook will still be the dominant social media website. And that can be quite a lot more years.

MrPraline

[QUOTE="MrPraline"][QUOTE="Pirate700"]The difference is WoW/blizz generates revenue. FB does not. They are not a paid service. As such they can't even offer their investors dividends. Investing in FB is just investing in how long the site will be popular and how long the stock will be a "fun" stock to own.

dercoo

By ads, and selling personal data to advertisers to get more specific ads tailored to you.

[QUOTE="MrPraline"][QUOTE="Pirate700"]The difference is WoW/blizz generates revenue. FB does not. They are not a paid service. As such they can't even offer their investors dividends. Investing in FB is just investing in how long the site will be popular and how long the stock will be a "fun" stock to own.

Pirate700

[QUOTE="Pirate700"]

[QUOTE="MrPraline"]Oh no, FB definitely generates revenue (3.7 billion). The biggest question is with what exactly.MrPraline

[QUOTE="dercoo"]

[QUOTE="MrPraline"]Oh no, FB definitely generates revenue (3.7 billion). The biggest question is with what exactly.DeadMan1290

By ads, and selling personal data to advertisers to get more specific ads tailored to you.

People tend to forget how lucrative advertising is,

Not that all that is ad related. Some side business deals help bolster that too.(wanna make Facebook caps, fine, but give us half your profit)

[QUOTE="MrPraline"][QUOTE="Pirate700"]They generate ad revenue. The PRODUCT doesn't generate anything. When their popularity goes down, the ad revenue goes with it.

Pirate700

I will put it this way.

I think there is still strong future growth for a social networking site that has a good base. Clearly facebook has that position. That said, as a programmer myself with experience in web development I can say that facebook it self really isnt all that special. From a technical standpoint it wouldnt be at all hard to blow them out of the water, however one clearly needs users which is where they shine.

I will also say I thought the idea of a search engine company growing to the point of being a threat to a company like microsoft was totally crazy talk. Then came the super phones.

SEANMCAD

Google+ already blows them out of the water, the problem as you noted is users.

Facebook has an intrenched user base, Google + and simuliar future services have a long uphill fight to steal them.

[QUOTE="Pirate700"]

Would never invest in it. There's always something new around the bend and facebook won't be around forever.

DeadMan1290

I still remember when everyone I knew used MSN... now its a ghost town. Besides me and some really (really) few survivors no one uses it anymore. FB will be the same sh*t I hope

[QUOTE="DeadMan1290"][QUOTE="Pirate700"]

Would never invest in it. There's always something new around the bend and facebook won't be around forever.

4dr1el

I still remember when everyone I knew used MSN... now its a ghost town. Besides me and some really (really) few survivors no one uses it anymore. FB will be the same sh*t I hope

I don't care.....LJS9502_basic

The stock is way over-priced. It will not rise way higher unless someone can figure out how to get businesses really using FB for large selling and purchasing transactions. Too risky. That's why only certain people were told of the inflated stock price.

don't make an account, simple

A market cap of ~$68 billion and a PE ratio of over 100? I'll pass most definitely.

Really people, if you want to take a chance or high amount of risk on any newly traded company, try companies that are 100x smaller.