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	<title>Comments on: What does Facebook IPO say about our own expectations?</title>
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	<link>http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/</link>
	<description>What&#039;s next in tech</description>
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		<title>By: Taylor Mead</title>
		<link>http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/comment-page-1/#comment-35137</link>
		<dc:creator>Taylor Mead</dc:creator>
		<pubDate>Fri, 25 May 2012 03:22:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/#comment-35137</guid>
		<description>At one time, this valley actually had real companies, real tech, real jobs, real incomes and ignored by the media.. just not sexy to pump up. 

We need to flush the hucksters out of the valley and get back to what we did best.</description>
		<content:encoded><![CDATA[<p>At one time, this valley actually had real companies, real tech, real jobs, real incomes and ignored by the media.. just not sexy to pump up. </p>
<p>We need to flush the hucksters out of the valley and get back to what we did best.</p>
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		<title>By: bate vanko</title>
		<link>http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/comment-page-1/#comment-34905</link>
		<dc:creator>bate vanko</dc:creator>
		<pubDate>Tue, 22 May 2012 16:31:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/#comment-34905</guid>
		<description>Here we go again... Facebook, &quot;The Valley&quot;, &quot;the tech&quot;.
Let me try again... Facebook is a scam. The biggest one. Yet a scam. A Ponzi. Facebook has no value, business model, a product (the only product FB can make money of, is NEW customers, NOT existing ones , because its new customers are its merchandise). Facebook simply cannot be valued 3 times Boeing. There is no way! The only reason FB (and the like) exists is the IPO itself - inflate value, sell off, get as much as possible funds (holding your retirement money by the way) to buy FB stock and &quot;apres nous le deluge!&quot; 
Get a clue!</description>
		<content:encoded><![CDATA[<p>Here we go again&#8230; Facebook, &#8220;The Valley&#8221;, &#8220;the tech&#8221;.<br />
Let me try again&#8230; Facebook is a scam. The biggest one. Yet a scam. A Ponzi. Facebook has no value, business model, a product (the only product FB can make money of, is NEW customers, NOT existing ones , because its new customers are its merchandise). Facebook simply cannot be valued 3 times Boeing. There is no way! The only reason FB (and the like) exists is the IPO itself &#8211; inflate value, sell off, get as much as possible funds (holding your retirement money by the way) to buy FB stock and &#8220;apres nous le deluge!&#8221;<br />
Get a clue!</p>
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		<title>By: Sloppy Facebook IPO Predictions: Only 1.14% Get the Closing Price Right &#8211; PC Magazine &#124; Danta Report</title>
		<link>http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/comment-page-1/#comment-34603</link>
		<dc:creator>Sloppy Facebook IPO Predictions: Only 1.14% Get the Closing Price Right &#8211; PC Magazine &#124; Danta Report</dc:creator>
		<pubDate>Sat, 19 May 2012 20:02:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/#comment-34603</guid>
		<description>[...] IPO?VentureBeatFacebook IPO: Guess how high shares will goLos Angeles TimesTechCrunch&#160;-San Jose Mercury News&#160;-CNNall 63 news [...]</description>
		<content:encoded><![CDATA[<p>[...] IPO?VentureBeatFacebook IPO: Guess how high shares will goLos Angeles TimesTechCrunch&nbsp;-San Jose Mercury News&nbsp;-CNNall 63 news [...]</p>
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		<title>By: Irv Halland</title>
		<link>http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/comment-page-1/#comment-34600</link>
		<dc:creator>Irv Halland</dc:creator>
		<pubDate>Sat, 19 May 2012 19:33:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.siliconbeat.com/2012/05/18/what-does-facebook-ipo-say-about-our-own-expectations/#comment-34600</guid>
		<description>To me,  the fact that even after the huge buildup and hype that was put out leading up to the IPO, the stock closing just about even with the offering price - proves that: 1) the investment bankers did their job well and pulled the max possible amount out of the general public and 2) the so called company valuation of ca. $100B is a total fiction that is aided and abetted by the media every day. FB is not worth anywhere close to $100B despite what we are told every day. Multiplying the latest stock price by the number of shares does not equal company worth IMHO. It sure will pump up the local real estate and Porsche prices though.</description>
		<content:encoded><![CDATA[<p>To me,  the fact that even after the huge buildup and hype that was put out leading up to the IPO, the stock closing just about even with the offering price &#8211; proves that: 1) the investment bankers did their job well and pulled the max possible amount out of the general public and 2) the so called company valuation of ca. $100B is a total fiction that is aided and abetted by the media every day. FB is not worth anywhere close to $100B despite what we are told every day. Multiplying the latest stock price by the number of shares does not equal company worth IMHO. It sure will pump up the local real estate and Porsche prices though.</p>
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