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How did the kid who created facebook become so rich?
02-27-2013, 06:53 AM
Post: #7
 
- find enough stupid investors to pump money into a company that
will never ever see break even.
- blow it up so everyone believes it's the next best thing after sliced
bread. It doesn't really matter if everyone believes that. It's sufficient
if the rest of the investors want a share of it
- go public
- sell your stocks

Facebook, like Youtube and most of the others don't make *real*
money. They get revenue from advertising, premium services or
the likes. But their expenses exceed their revenues by far.
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Messages In This Thread
[] - Andrei O - 02-27-2013, 06:28 AM
[] - minnifred - 02-27-2013, 06:36 AM
[] - ashley. - 02-27-2013, 06:36 AM
[] - Hi I'm Greg - 02-27-2013, 06:46 AM
[] - Yeahh - 02-27-2013, 06:51 AM
[] - Alex S - 02-27-2013 06:53 AM
[] - Asad B - 02-27-2013, 06:59 AM

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