When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Saturday, August 18, 2012

Zuckerberg always said Facebook wasn't about making $$

chart of facebook stock price
Facebook stock price chart - "it ain't pretty" - source: Google Finance

Is Mark Zuckerberg in over his hoodie as Facebook CEO? - latimes.com: "The deepening slide in  Facebook Inc.'s stock is fueling talk once considered implausible on Wall Street and in Silicon Valley."

Nobody should be surprised by the fall in price of Facebook stock--

The Problem With Mark Zuckerberg - Business Insider: "There is a nagging concern for potential Facebook shareholders: the guy running the company doesn't care that much about making money."

Zuckerberg always said Facebook wasn't about making money--

Mark Zuckerberg - PandaWhaleOn 2/1/12, Facebook filed its S-1 so it sell shares to public. Facebook’s S-1 Letter From Zuckerberg - "Simply put: we don’t build services to make money . . . "--Mark Zuckerberg

The question is: "Why did anyone ever buy this stock expecting to make money?"

Furthermore, why would anyone go to work for this company expecting to make money on its stock price?


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects