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Facebook IPO Is US Intel Operation?
Posted By kurtnimmo On February 1, 2012 @ 10:58 am In Science & Technology,Tile | Comments Disabled
The Daily Bell
February 1, 2012
Media reports suggest that Facebook will file for an IPO this week that could value the company at $100 billion — and leave the company sitting on $10 billion in cash. I’m not a financial analyst, so I’ll leave it to Wall Street to discuss and debate that valuation. But the fact is this newfound wealth could not only allow Facebook to solve its biggest business challenges, it could also help Facebook finally achieve its longstanding goal to change how marketing works. So how should Facebook use its IPO windfall? − Nate Elliott’s Blog
Dominant Social Theme: This Facebook IPO is very exciting and shows that young people can create incredible value in a short period of time. Mark Zuckerberg is a genius.
Free-Market Analysis: No, we don’t believe the hype. It’s directed history, perhaps, not reality. Zuckerberg is in his later twenties. Did you ever meet anyone who’d built a US$100 billion company in a single decade, much less at a time when most young men and women are still deciding on career choices?
It strikes us as a dominant social theme of sorts, despite all the excitement that the IPO has caused (see excerpt above). The media is full of breathless adulation regarding Facebook and Zuckerberg.
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