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Facebook IPO
A
Alan LeStourgeon
69 Views • Jun 20, 2012
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http://www.isthatbaloney.com/facebook-ipo-biggest-boondoggle-of-the-century/
Did you invest in the Facebook IPO with the hope you were going to cash in? Well, lots of people did, but it looks like it may not be worth all the hype.
When you look at how Facebook makes money through advertising and see that it is no where near what Google is doing with their advertising platform known as Adwords, you have to wonder why the company is valued so high.
Maybe $15 a share would be a better price for their stock based on advertising revenue and profit.
Did you invest in the Facebook IPO with the hope you were going to cash in? Well, lots of people did, but it looks like it may not be worth all the hype.
When you look at how Facebook makes money through advertising and see that it is no where near what Google is doing with their advertising platform known as Adwords, you have to wonder why the company is valued so high.
Maybe $15 a share would be a better price for their stock based on advertising revenue and profit.
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