asdfsadf wrote:
Aren't they just paper "losses" at this point?
^^^ This! He hasn't lost any "Money" only value. BTW the "Value" wasn't worth squat just 10 days ago. So, technically he still up.
asdfsadf wrote:
Aren't they just paper "losses" at this point?
^^^ This! He hasn't lost any "Money" only value. BTW the "Value" wasn't worth squat just 10 days ago. So, technically he still up.
Should he dump it and buy aapl?
He can't sell for two years. Rule 144 says founders hjave to hold their stock.
Nutella1 wrote:
What Zuck/FB did was maximize the money they got during the IPO.
Exactly. Both the number of shares and IPO price were inflated by the hype before the IPO. I wouldn't even look at buying FB with risk capital (10% of total investment capital) until it was south of $25, and wouldn't use core investment capital (80% of total capital) unless it was in the mid teens $ per share.
That being said, I think there is a 10-20 percent chance the company could do something in the future that will have made buying in at $38 a very good investment. There's a lot of talent in that company and they are the undisputed leader in social media with a warchest that will allow them to buy up a lot of competition.
All rich people are evil!
In the Land of Opportunity, you are surprised by the existence of opportunists?
wait, his wife is NOT hot.
You're kidding, right?