Not bad for 8 years work.
http://mashable.com/2012/02/01/facebook-files-ipo/
http://www.bbc.co.uk/news/business-16830664
Chat Forum
$5 billion eh?
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Posted 3 months ago #
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Interesting indeed.
Discussed with colleagues earlier- consensus was "sell at the peak". I guess this means something is threatening their dominance?
Posted 3 months ago # -
I guess this means something is threatening their dominance?
Agreed, where can they go from here that the money will help them achieve?Posted 3 months ago # -
I guess this means something is threatening their dominance?
Not necessarily - they might want money out to spend on strippers/houses/acquisitions in different companies/industries to spread risk.Posted 3 months ago # -
Google+ is the only serious rival at the moment and so far that seems to have failed to catch people's interest (though Facebook have cannily made some changes to nick some of the better features from Google+)
Posted 3 months ago # -
Some folk are lucky aren't they?
Posted 3 months ago # -
hes still not as good at riding as i am though
Posted 3 months ago # -
GrahamS - Member
Google+ is the only serious rival at the moment and so far that seems to have failed to catch people's interest (though Facebook have cannily made some changes to nick some of the better features from Google+)Big mistake google made not rolling that straight out and cashing in when interest was hot, I got in fairly soon only to enjoy a world of tumbleweed, it's just beginning to develop some interesting feeds, but what with twitter and fb still working I think they may have missed out. It's a much better system, I like the idea of the circles.
As to fb the big if is wether to buy and how soon to cash in..
Posted 3 months ago # -
Not necessarily - they might want money out to spend on strippers/houses/acquisitions in different companies/industries to spread risk.
AOL. myspace. Yahoo. You blink, and the world changes. I'd want to cash my chips in.
At the moment fb seems to have limited revenue generators- ads, and games.Posted 3 months ago # -
It's a much better system, I like the idea of the circles
Yep.
But then FB rolled out Lists and the ability to follow people/feeds without friending them - which is essentially what Google were offering.
Posted 3 months ago # -
Part of the appeal of FB for me though is that I get all sorts of posts that I would not get if everyone restricted their posts to the relevant circles. This interests me, and more than makes up for the amount of teenager spam I get.
Posted 3 months ago # -
At the moment fb seems to have limited revenue generators- ads, and games
It's not so limited when it has the potential to deliver ads and games to everyone in the world
Edit: I agree with the rest of what you're saying, though.Posted 3 months ago # -
hes still not as good at riding as i am though
With £5bn, I'd guess Mark Zuckerberg can ride pretty much anyone he wants!
Posted 3 months ago # -
Has anyone stated to make an open source social network? I know they probably sell your data to other people but how many people actually even look at the adverts on FB? Maybe Ad buster blocks them but never remember them anyway.
Posted 3 months ago # -
Maybe Ad buster blocks them but never remember them anyway.
There are ads on Facebook? AdBlocker is certainly worth the money. I can only assume that enough people do click through otherwise it wouldn't be worth their while.Posted 3 months ago # -
Yep checked on Chrome "Adverts", Firefox none. Is google + really complicated or am I just stupid. Anybody got a quick guide how to use it? I like FB though. Trying to promote myself as an artist so I did a page of my cartoons/drawing. The black and white world of George Davy
Posted 3 months ago # -
Has anyone stated to make an open source social network?
http://diasporaproject.org/
The problem for any new social network is getting a critical mass of regular users.Posted 3 months ago # -
That looks good. Like how you can cross post.
Posted 3 months ago # -
Some folk are lucky aren't they?
It's funny, the harder people work the luckier they get
Posted 3 months ago # -
Actually its not about how hard you work. That is an illusion. Lots of people work really hard but get paid very rubbish money. I would say opportunity, good examples, connections, and luck are a big part of anyone getting rich.
Posted 3 months ago # -
I would say opportunity, good examples, connections, and luck are a big part of anyone getting rich.
That ^ and nicking yer college mate's ideas helps too...
Posted 3 months ago # -
That ^ and nicking yer college mate's ideas helps too...
That's the opportunity bit, isn't it? They had the idea and did nothing with it. Losers!
Posted 3 months ago # -
maybe all the American stuff has them worried about being shut down or even locked up and it's not the threat of a competitor that is making them sell.
Posted 3 months ago # -
Actually its not about how hard you work. That is an illusion. Lots of people work really hard but get paid very rubbish money. I would say opportunity, good examples, connections, and luck are a big part of anyone getting rich.
Yes they are a good part of getting rich, but having the drive to do it and actually making it happen takes a certain type of person. I'm clearly not that type of person. I don't think it's an illusion though, you do always have to work hard to *make* yourself rich, but that doesn't mean if you work hard you WILL become rich.
Posted 3 months ago # -
I think you are wrong. There are plenty of very rich people in the city that have just got rich through going to the right school and having a bit of luck. There are plenty of people who work in the NHS,care or in schools that have drive and work really hard but are poor.
Posted 3 months ago #
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