Tuesday 31 July 2012

Dont judge a facebook by its cover.

Not too recently Facebook decided to try its hand at being a company represented on the stock market, with the public and business able to buy shares. The company was valued at a huge amount due to the size of its userbase and the selective targetting of its advertising. The problem with all this was the question of whether people actually bother to click adverts anymore. There are businesses out there who have said that they don't work, others that say they do. click here

It has come to light that swiss bank UBS has lost shares of almost 356 million dollars investing in facebook. Facebook was valued at 104 billion dollars earlier this year, shares are not at a 39% low from this point. UBS is now looking at ways to save money, which may mean cutting around 3,500 jobs.

In some people's views they say if you are purchasing this stock to sell off tomorrow or next week then you will be dissapointed, it is far better to wait to be rewarded, to wait around a year.

For something made in a dormroom, you have to admit that it has achieved far beyond what most dormroom projects probably do. Making Mark Zuckerberg the youngest billionaire ever.

When Amazon went public, it was but a mere bookstore. Many people said that it was going to go dot com bust. When, nowadays it is the retailer for the world. worth $200 a share, while it started at $2.
office space

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