Facebook’s Zuckerberg Is Now Richer Than The Google Guys
blogs.forbes.com
blogs.forbes.com
ps.: i don't want to take credit off Facebook(c) or any other search engine (for example, Altavista worked for me and a lot more people) but it's also the result of a lot of hard work and marketing
The only news here that isn't useless conjecture is that GSVC bought 225k shares @ $29.28.
Forbes is the People Magazine of the business world.
If I purchase 1% of a company for $1,000,000 the simple math valuation (according to my opinion and what I paid) is a company valuation of $100,000,000. Except, people are paying PREMIUMS for these stocks. A premium is an amount above and beyond the actual value of the item. What's the premium value? We don't know?! The media and pundits need to stop using simple math and shouting about it. But they won't, because PR teams are behind it and it makes headlines!
Buying GOOG.
>For now, though, it certainly hasn’t lost its lustre in the eyes of investors.
These statements are not at odds with one another. Old people, generally speaking, have more money to spend and they spend it less judiciously; consequently it makes sense for Facebook to target old people.