HTF does facebook make a loss?

[d000hg]

Why didn't you take a tour around the Googleplex?

Didn't know they did them. We looked at the big donut though.

[escapeUK]

That was much before the IPO and then they priced it at 38$ which to at least 70% over priced. I have since then argued that they are way over priced and ripe for a stock crash.

hahaha Im sure you'll to link us to your change of heart before the IPO.

[fullyautomatix]

I can only point back to the thread where I argued that facebook was a bad investment. It provides nothing of worth.

http://forums.contractoruk.com/accou...ok-shares.html

That was much before the IPO and then they priced it at 38$ which to at least 70% over priced. I have since then argued that they are way over priced and ripe for a stock crash.

[escapeUK]

I can only point back to the thread where I argued that facebook was a bad investment. It provides nothing of worth.

http://forums.contractoruk.com/accou...ok-shares.html

But as others have said, I'm not looking for stock buying advice

Some of the investing "advice" on this thread is hilarious. Don't buy Facebook because the founder "doesn't care much for money"? Or "They're the next Friends Reunited"?

How out of touch are these clowns?

Only a fool would argue that FB is not worth what investors think its worth.

[eek]

I can make a website, which does exactly what Google does, in 2 days.

Minestrone.

I think Atw needs to speak to him. He's spent 8 years developing one so far (although Majestic SEO is probably distracting him a bit)

[The Spartan]

I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!

Why didn't you take a tour around the Googleplex?

[Sysman]

But Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?

its a web site, its not like they have lots of Brick & Mortar costs.

shocked its only $1.26B

What about those massive data centres they have?

They can't be cheap to run.

[fullyautomatix]

Except for vast datacentres. And fancy offices in the most expensive prime locations going.

I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!

I can make a website, which does exactly what Google does, in 2 days.

Minestrone.

[vetran]

Except for vast datacentres. And fancy offices in the most expensive prime locations going.

I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!

Google are making money, they need to get rid of it rather than pay tax, they don't actually need the assets to run the website, the data centres are all heavily subsidised by local tax incentives and cheaper than paying a third party.

[DimPrawn]

But Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?

its a web site, its not like they have lots of Brick & Mortar costs.

shocked its only $1.26B

Yep, I reckon it's all a tax dodge. Someone somewhere sunny is making billions.

[d000hg]

its a web site, its not like they have lots of Brick & Mortar costs.

Except for vast datacentres. And fancy offices in the most expensive prime locations going.

I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!

[vetran]

But Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?

its a web site, its not like they have lots of Brick & Mortar costs.

shocked its only $1.26B

[d000hg]

They've been spending a lot more on stuff like TV ads & mobile platforms. Also, one assumes doing an IPO is pretty expensive; especially in California the amount of lawyer-time will be astronomical. And of course FB is still growing in terms of staff.

[Paddy]

Facebook does not need to make a profit. It is there for another purpose. Just see who is running it

[Pondlife]

Facebook has reported a loss of $59m (£37m) despite seeing revenues rise 32% during the third quarter.

The world's most popular online social network revealed that its income rose to $1.26bn, between July and September.

The revenues exceeded expectations, but Facebook's performance remains in the red, following a loss of $157m in the previous quarter.


Beeby linky

Are they just pnissing all the money up the wall on crap like instagram?