Way to Go, Zuck
After a delay, it’s off to the races for Facebook’s IPO. A lot of people just got real rich. Good for them. Follow along here, if you care.
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Previously on The Billfold
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After a delay, it’s off to the races for Facebook’s IPO. A lot of people just got real rich. Good for them. Follow along here, if you care.
Congratulations rich people. How wonderful.
I commend your use of a gif as the image for the post.
16% of Facebook’s revenue comes from Zynga. Zynga’s year-on-year profits are down 92%. GM, the nation’s 3rd biggest advertiser, recently stopped advertising on Facebook because the ads were a waste of money.
It’s going to be fuuuuun to watch Facebook auger into the ground over the next year or two.
@riotnrrd Yeah, there’s no way the price isn’t way overinflated. How do they possibly make that much money? Didn’t this already happen? Isn’t this what happened when the dotcom bubble burst the first time?