Re: Possible Facebook IPO: History reapeating itself?
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
OP I dont know why you would think one company valued at 2-3x revenues might be the start of another bubble.
[/ QUOTE ]
Because revenues aren't inherently worth anything. If they're cashflow negative with 500 mil in revenue who the hell cares?
[/ QUOTE ]
I'm curious how it's even possible to spend $500M operating facebook.
eastbay
[/ QUOTE ]
it's easy. you pay freshly minted college grads $90k and hire devs from google/ms/yahoo by offering them ludicrous salaries.
[/ QUOTE ]
I am positive facebook hasn't spent $500 million.
|