How About Some Friday Fun?
Do you like puzzles?
Okay. I have one for you. Can you explain why a “company” (and I do use the term loosely) which produces not one thing (aka “goods”), has no assets (other than a few employees), and probably is responsible for reducing the GNP (by enhancing worker un-productivity), can be “valued” at $104 BILLION (and climbing)?
I don’t really want an answer to that. They make money.. it’s as simple as that. But how? Could it be from all our personal information they’ve been sucking up like a Hoover vacuum?
One day I, too, want to be a 28 year old MULTI-BILLIONAIRE. So I won’t knock it.
But still.. maybe ask yourself: isn’t there something wrong here? (I never took more than Economics 101, but, maybe.. we need to bring back the Gold Standard..?)
“Facebookfinally set its IPO price Thursday evening: $38 a share, for a record-setting value of $104 billion on the social media giant. Is it worth it?” Read more..
“That means that the total value of Facebook, an eight-year-old company, is more than some of the largest, most successful companies in the … Read more..
Facebook shares, which underwriters had priced at $38 late Thursday, opened on the Nasdaq stock market Friday just below $43, and in their first hour of trading sank to as low as $38. The stock then recovered as IPO underwriters stepped in to support its price, according to reports. Facebook’s share price eventually finished the day at $38.23. Read more..
More puzzles (and games):
* PuzzleFactory.com Online Puzzle Games – Flash Games PuzzleFactory.com Online Games … Puzzles. Retro. Arcade. Sudoku. Casino. Racing. Dress Up. Driving. Strategy. Board Games. Action. Adventure. Customize …
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