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Thread: How can Twitter be worth $40B

  1. #11
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    Quote Originally Posted by mngundog View Post
    Stocks up about 50% since it opened about a year and a half ago, doesn't seem to bad.
    $17.73 on 9-4-2012 - still overpriced for many reasons. Anyone here remember MySpace?
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  3. #12
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    Quote Originally Posted by mngundog View Post
    Stocks up about 50% since it opened about a year and a half ago, doesn't seem to bad.
    Facebook has now fallen below $80, have we seen its ceiling yet?
    Last edited by mngundog; 02-24-2015 at 01:38 AM.

  4. #13
    Senior Member nogie1717's Avatar
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    Quote Originally Posted by Marvin S View Post
    $17.73 on 9-4-2012 - still overpriced for many reasons. Anyone here remember MySpace?
    I do. I think the biggest difference is the number of older users on Facebook. MySpace was almost all under 25. Heck, my parents have FB. I think the thing to watch is that now that Facebook "isn't just for kids", you'll see the younger generation finding a social media platform that is different, like Twitter. At the same time, something new is coming. Always has been and always will be.
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  6. #14
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    Bump to the top.

    Facebook's stock hit another all-time high Tuesday -- just shy of $100.

    The social media giant's shares are up 25% this year ... and more than 160% from their 2012 initial public offering price. Facebook is now worth an astonishing $275 billion.

    So there are a lot of happy Facebook investors out there.

    But of course, nobody has gotten richer from Facebook (FB, Tech30) than CEO Mark Zuckerberg. The stock's latest surge has helped make him the ninth wealthiest person in the world, according to Bloomberg.

    With a net worth of nearly $43 billion, Zuckerberg surpassed Ikea founder and Sweden's richest man Ingvar Kamprad earlier this week.
    http://money.cnn.com/2015/07/21/inve...g-billionaire/

  7. #15
    Senior Member Migillicutty's Avatar
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    Quote Originally Posted by nogie1717 View Post
    I do. I think the biggest difference is the number of older users on Facebook. MySpace was almost all under 25. Heck, my parents have FB. I think the thing to watch is that now that Facebook "isn't just for kids", you'll see the younger generation finding a social media platform that is different, like Twitter. At the same time, something new is coming. Always has been and always will be.
    they already have. Most HS and JR high kids use Instagram and think FB is for old people.

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