Hacker News Reader

vergenton Facebook IPO values company at between $85bn and $95bn

I believe these numbers are wrong. $60-75 is the current target according to the revised S-1

http://finance.fortune.cnn.com/2012/05/03/facebook-ipo-28-35...

vergenton The dangers of relying on startup steroids

Facebook shut down a big component of their Open Graph integration: the spammy auto-publishing. The decline followed shortly after. https://twitter.com/#!/rabois/status/194259967816105984

vergenton The dangers of relying on startup steroids

I don't know if OMGPOP integrated with Open Graph, but there story is certainly similar.

A mobile app powered largely by Facebook interactions takes off like a rocket ship. In less than month is adds so many millions of users that it gets bought for $180 million dollars.

A company that was in the red is suddenly worth a ton of cash. Cut to a few weeks later, and Draw Something is shedding users like water off a duck's back.

http://www.betabeat.com/2012/05/02/draw-something-decline-om...