Thread: Possible Facebook IPO: History reapeating itself?
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Old 06-16-2007, 03:30 AM
eastbay eastbay is offline
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Join Date: Nov 2003
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Default Re: Possible Facebook IPO: History reapeating itself?
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OP I dont know why you would think one company valued at 2-3x revenues might be the start of another bubble.

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Because revenues aren't inherently worth anything. If they're cashflow negative with 500 mil in revenue who the hell cares?

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I'm curious how it's even possible to spend $500M operating facebook.

eastbay
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