Facebook Going Public

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Aliblahba

Aliblahba

 
Banned
thegmanifesto said:
Aliblahba said:
Yeah Emech. Only the most true hardcore playa's make fake facebook pages. Duh.
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No, only the most "true" "hardcore" "playa's" wear wetsuit tops out at night.

And write the word: "playa's".

And little girls write the word "playa's" too.

And kooks wear wetsuits tops out at night.

Make sense?
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Simmer down playa. Don't want you to get all tough and "ether" me like you did bigbootylvr.
 
Cincinnatus

Cincinnatus

Hummingbird
Gold Member
chyamor said:
http://finance.yahoo.com/news/facebook-co-founder-saverin-gives-up-u-s--citizenship-before-ipo.html

Saverin, 30, joins a growing number of people giving up U.S. citizenship, a move that can trim their tax liabilities in that country.
Singapore doesn’t have a capital gains tax. It does tax income earned in that nation, as well as “certain foreign- sourced income,” according to a government website on tax policies there.
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Hasn't one lawyer commenting on the case claimed that Saverin will still face some sort of fine, penalty, or tax?
 
Timoteo

Timoteo

Crow
They were making a big deal on the news this morning about the fact that Zuckerberg showed up to meetings on Wall Street in jeans and his trademark hoodie, instead of in business attire, and how this could affect how investors view him and his company. Generally, this would be true - you are definitely judged on your appearance, and most people wouldn't be dressed like a college kid in such a setting. I think Mr. Zuckerberg is an exception.
 
C

chyamor

Pelican
I think it has to do with the generation gap also. Zuckerberg is probably the 1st from Generation Y to hit it big. When he's going to meet with Generation X (Wall street) of course there's going to be differences. I view it as my 401k guy. I dont care what the hell he wears to work as long as he makes me $$$
 
Caligula

Caligula

Ostrich
Timoteo said:
They were making a big deal on the news this morning about the fact that Zuckerberg showed up to meetings on Wall Street in jeans and his trademark hoodie, instead of in business attire, and how this could affect how investors view him and his company. Generally, this would be true - you are definitely judged on your appearance, and most people wouldn't be dressed like a college kid in such a setting. I think Mr. Zuckerberg is an exception.
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By now it's about his personal brand more than anything else. No one expects him to wear a suit.

A tech entrepreneur told me that you're less likely to be taken seriously by VCs in Silicon Valley if you wear a suit.
 
Timoteo

Timoteo

Crow
Caligula said:
Timoteo said:
They were making a big deal on the news this morning about the fact that Zuckerberg showed up to meetings on Wall Street in jeans and his trademark hoodie, instead of in business attire, and how this could affect how investors view him and his company. Generally, this would be true - you are definitely judged on your appearance, and most people wouldn't be dressed like a college kid in such a setting. I think Mr. Zuckerberg is an exception.
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By now it's about his personal brand more than anything else. No one expects him to wear a suit.

A tech entrepreneur told me that you're less likely to be taken seriously by VCs in Silicon Valley if you wear a suit.
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Agreed. In tech, and the arts, it isn't uncommon to see executives dressed down. Steve Jobs' trademark look was a black mock neck shirt, jeans and track shoes. They showed video of an appearance Zuckerberg made on some talk show. He was on stage sweating profusely, but refused to remove the hoodie. After a few more minutes, it had become unbearable so he finally took it off. The hoody was specially made, and had FBs mission statement printed in the lining, which he gladly pointed out. Cat is SHARP.
 
void

void

Pelican
if he was some third tier city college kid, facebook wouldnt have made it that big. there were several social networks before facebook (like hi5), the shine of harvard did help a lot. anyway hes fuckn rich now.
 
R Smoov

R Smoov

Pelican
Now I'm a broke dude who knows minimum about stocks, but damn investing about $120 for Facebook seems pretty awesome and a good conversational piece as well.

I'd do it. :)
 
L

Laser

Robin
MSW2007 said:
chyamor said:
http://finance.yahoo.com/news/facebook-co-founder-saverin-gives-up-u-s--citizenship-before-ipo.html

Saverin, 30, joins a growing number of people giving up U.S. citizenship, a move that can trim their tax liabilities in that country.
Singapore doesn’t have a capital gains tax. It does tax income earned in that nation, as well as “certain foreign- sourced income,” according to a government website on tax policies there.
Click to expand...

Hasn't one lawyer commenting on the case claimed that Saverin will still face some sort of fine, penalty, or tax?
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When you give up your US citizenship, you have to pay an exit tax on the value of your assets. The key is that he's doing it before Facebook goes public, when his shares are worth less than they will be after it goes public. The reason is because at the moment Facebook is still a private company, so you can discount the value of the shares for their lack of liquidity when determining their worth for the purposes of the exit tax.
 
N

Newb#3

 
Banned
chyamor said:
Anyone care to guess where it will close tomorrow? Open should be around $34—$38
I say it closes at $70
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Based on what? This doesn't sound reasonable at all.
------------------------

Even if you think this is a good investment, it's better to wait until the excitement surrounding the IPO dies down.
 
B

bmn200

 
Banned
I'm gonna make a killing shorting this shit tomorrow. bring it. This shit is gonna plummet to 30 tomorrow.
 
C

chyamor

Pelican
When google went IPO its ipo was around 65 with it opening at 85 and closing at 100. With all the hype going in Ill give facebook a good chance on doubling up
 
thegmanifesto

thegmanifesto

Peacock
Gold Member
chyamor said:
When google went IPO its ipo was around 65 with it opening at 85 and closing at 100. With all the hype going in Ill give facebook a good chance on doubling up
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You put your money behind this call?

Anyone buy this Facebrick duck?


Caligula said:
I'll wait till the SEC filings come out before making a call. They're making a lot of money and growing fast so there's no reason to expect any nasty surprises. The lively secondary market in FB stock has already pushed valuations close to what the markets will value it at. But unsophisticated investors may well push the price beyond where it should be.
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?
 
W

WestCoast

Hummingbird
Gold Member
My only response to this thread, if you don't know what a 424B is or an S-1 or a "covered call" is , you probably shouldn't be buying individual stocks period. Gonna save all you guys a bunch of money, if you know he above then ask yourself could I run that company? If no you don't know the biz enough to invest.

Finally, unless you own shares of Facebook (linked through a holder) you did not "short this stock and make money" because that's both illegal and you do not have the contacts to do so on IPO date.
 
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