Read more.Zuckerberg going on promo tour.
Read more.Zuckerberg going on promo tour.
I don't get why the valuations are so high? I (and I expect most people) just use facebook occasionally to check up on friends. I don't touch the advertising (I use mobile most of the time anyway which is advert free). I've never bought facebook credits or the like. How do they make cash from me and 95% of the other uses like me. I can't help but feel its a bit of a bubble - especially in the long term. (Also what happens when the next big think happens and everyone leaves?)
Yeah, I wouldn't touch Facebook with a bargepole. The roadside is littered with other once-successful social networks. I already see Facebook as having peaked, and it doesn't offer anything that I'd call genuinely useful, unlike Google.
Then again, I know nothing about buying/selling shares... maybe the trick with Facebook is to buy now, and sell in a relatively short timescale (1 year), before the The Next Big Thing inevitably hits.
Buy now, hope the shares go up after initial release, wait until they have hit a decent percentage increase (10%+) and sell.
Money made, job done.
Or as they increase in value, cash out a little at a time so your exposure is limited but the value of your investment remains the same.
Or just don't bother and laugh at those that loose loads of money or get angry when people make loads of money and you don't.
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