Is this going to be dot com bust all over again?

[AtW]

Remember? I worked there until the first lot of cost cutting in Feb 2000 when my agency suggested a rapid departure which I did.

First time I see somebody admitting they worked for boo.com with their memorable flash site when users were on 33.6k modems...

[AtW]

There is a lot of power in the social network with respect to advertising which is only just starting to be realised.

Quite.

And Govts around the world are working to tighten up privacy rules so that social networks might not have the data they assume they can have forever for ad purposes.

[Sysman]

There is a lot of power in the social network with respect to advertising which is only just starting to be realised.

Yes I've seen quite a bit written about the power of recommendations from friends, family and peergroups.

We have that on CUK too. If I were looking for accomodation in London for example, I'd probably ask here.

[eek]

First time I see somebody admitting they worked for boo.com with their memorable flash site when users were on 33.6k modems...

I don't have a problem admitting to working there. You learn from mistakes and there was an awful lot of mistakes there. The technology that was created there is the backbone of Venda. And has many of the same foibles.

[Sysman]

First time I see somebody admitting they worked for boo.com with their memorable flash site when users were on 33.6k modems...

Wiki: Burn and crash

Staff and contractors were recruited in large numbers, with a lack of direction and executive decision about how many people were required, resulting in high payroll costs.

Methinks eek may have had a kerrrrchinggg time there

[Alf W]

I think buying in to Facebook at this valuation is going to be a quick way to make a small fortune (providing you start with a large one). There may be some scope to make a quick buck out of the 'me too' investors but I'm staying well clear. Even with revenue of $4bn there is no way on earth it is worth $90bn.

[scooby]

I think buying in to Facebook at this valuation is going to be a quick way to make a small fortune (providing you start with a large one). There may be some scope to make a quick buck out of the 'me too' investors but I'm staying well clear. Even with revenue of $4bn there is no way on earth it is worth $90bn.

It's the immediate trading on the release of the IPO that makes the money... $35 a share could easily be trading at $50 within minutes / hours. I think Facebook could be a good horse to back short term, especially with their news release of pay to click trails in New Zealand... Good timing that release...

[Sysman]

It's the immediate trading on the release of the IPO that makes the money... $35 a share could easily be trading at $50 within minutes / hours. I think Facebook could be a good horse to back short term, especially with their news release of pay to click trails in New Zealand... Good timing that release...

Yes, that's if you can get the allocation you are after. I remember looking at one of the UK privatisation deals, but it was unlikely that I'd get enough shares to make the effort really worth while.

[fullyautomatix]

It's the immediate trading on the release of the IPO that makes the money... $35 a share could easily be trading at $50 within minutes / hours. I think Facebook could be a good horse to back short term, especially with their news release of pay to click trails in New Zealand... Good timing that release...

Quite. And we do have some very recent high profile IPO's to look at and derive inspiration to do that sort of short term trading, like Ocado and Glencore.

[eek]

Quite. And we do have some very recent high profile IPO's to look at and derive inspiration to do that sort of short term trading, like Ocado and Glencore.

or Zynga (launched at 11 now 7.7) or groupon (launched 28 now 10).

And Zynga is 30% of facebooks revenue.