Thread: Facebook IPO
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Old 02-01-2012, 06:52 AM   #9
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Originally Posted by BLAU III View Post
I still find it hard to believe a company that produces nothing can be valued like this. Sure they house a ton of information but there is nothing of value yet. And people wonder why the American economy is in the shitter, we don't make anything anymore!
I agree... But unfortunately a lot of things these days are based upon popularity instead of production.

They will raise a crapload of money then tank HUGE. Wait until their next big security flaw comes out... And it will.
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