Facebook gets $500 million in funding

[fris]

Facebook is reportedly receiving a combined total of $500 million in new investment money with $450 million coming from Goldman Sachs and another $50 million from Russia?s Digital Sky Technologies

http://mashable.com/2011/01/03/faceb...illion-report/

[Phoenix]

i thought they were making mad money with their ad sales..damn

how can i get 5 mill in funding

[marketsmart]

they arent making shit...

their operation costs are high..

Facebook = dead in 5 years...




.

[maxjohan]

Originally Posted by Phoenix

how can i get 5 mill in funding

Just ask and you are given.

[fris]

Originally Posted by Phoenix

i thought they were making mad money with their ad sales..damn

how can i get 5 mill in funding

i dont know how goldman sacs has the balls to give funding to facebook with the shit they did in the last year.

[djroof]

Goldman Sachs..... hmmmm this is bad...

[magicmike]

Interesting. I wonder how fb will do long term, i'm getting tired of it, I wonder how others feel.

[Phoenix]

Originally Posted by magicmike

Interesting. I wonder how fb will do long term, i'm getting tired of it, I wonder how others feel.

same here....i dont even like the games anymore

i think the ship is about to sail on them

[fris]

Originally Posted by pornopete

Facebook, what a great way to catch up with people I haven't seen in 10 years!

If I haven't talked to you in 10 years, I'm not your friend. Go away. No I don't want to water your crops.

of the people they recommend that you are friends with, none of them you would actually want to speak with.

[seeandsee]

if they dont find pay model on fb after the costs, that will go down, and how much did they made last yr?

[dyna mo]

As part of the deal, Goldman Sachs will help Facebook raise an additional $1.5 billion. To do this, the investment bank will create a “special purpose vehicle” that will allow others to invest in Facebook indirectly. This would help Facebook bypass a S.E.C. regulation that requires companies with more than 499 investors to disclose their financial results to the public.

[SZNY]

that's a nice score, imagine if you will get funding like that, you can do some real magic with that in terms of bringing new technology

[tom3k]

the funniest part is that it is now said to be worth 50 billion...

thats 3 billion more then boeing.

bubbleicious!

[2intense]

what is facebook ?

[tom3k]

Originally Posted by seeandsee

if they dont find pay model on fb after the costs, that will go down, and how much did they made last yr?

profit is expected to be around 2b this year.

they went cash flow positive sometime middle of last year.

[xxweekxx]

if they are going to make 2b profit this year why the fuck they want $500mil in funding???

[dyna mo]

Originally Posted by xxweekxx

if they are going to make 2b profit this year why the fuck they want $500mil in funding???

+ plan/prep for an additional $1.5 billion funding..........and set it up so that they do not have to disclose their financials.

[RyuLion]

Originally Posted by marketsmart

they arent making shit...

their operation costs are high..

Facebook = dead in 5 years...




.

Thank God! I hope it dies sooner..

[marketsmart]

Originally Posted by xxweekxx

if they are going to make 2b profit this year why the fuck they want $500mil in funding???

because fukerberg is a lying cunt..

they are not going to do 2 billion anything...





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[dyna mo]

well, they are serving up ~1 trillion ads per year.

[Martin]

Facebook is a CIA

[Chosen]

So what?

[V_RocKs]

Originally Posted by tom3k

profit is expected to be around 2b this year.

they went cash flow positive sometime middle of last year.

Wrong... Revenue is projected to be that high.

Unfortunately they spend it all on overhead.

[WiredGuy]

New Internet bubble forming...
WG

[nsacm]

Originally Posted by tom3k

profit is expected to be around 2b this year.

they went cash flow positive sometime middle of last year.

wrong, 2bil in revenue.

[catalin]

Originally Posted by RyuLion

Thank God! I hope it dies sooner..

Thing is that if it will happen they will drag under a LOT more business and send away a lot of Internet investors that are enthusiastic about the online opportunities because of the Facebook phenomenon. So it really isn't a good thing

[BFT3K]

Remember this term for the future: Facebook Bubble*





*edit - Sorry, I just noticed that someone already made that reference, above.

[xxweekxx]

their ads are wack.. i know maybe one person who makes $ on fb ads cuz they charge too much and it converts shitty.. who the hell wants indian and chinese traffic..

anyway they tried to become the next adwords, unfortunately they wont be... USERS go to google to find things(therefore adwords works)

users go to facebook to stalk girls and talk to friends(ads dont work as well)

Same reason myspace isnt raking in billions from their ad model..

[dyna mo]

Originally Posted by xxweekxx

their ads are wack.. i know maybe one person who makes $ on fb ads cuz they charge too much and it converts shitty.. who the hell wants indian and chinese traffic..

anyway they tried to become the next adwords, unfortunately they wont be... USERS go to google to find things(therefore adwords works)

users go to facebook to stalk girls and talk to friends(ads dont work as well)

Same reason myspace isnt raking in billions from their ad model..

i do very well with my fb marketing campaign, same ctr as i got on my google campaigns but the ctr to buy ratio for my fb ads blew google out of the water.

[{Psycho}]

Great to hear

[PornMD]

Originally Posted by BFT3K

Remember this term for the future: Facebook Bubble*





*edit - Sorry, I just noticed that someone already made that reference, above.

I have a feeling there's going to be a lot of bubbles popping up. Facebook, Twitter and Groupon will lead the way, probably followed by Zynga if people end up getting tired of silly shit like Farmville. I'm not sure I'd actually mind if that bubble burst...then the internet can get back to providing shit that's actually useful.

[DatingGameExpert]

Originally Posted by xxweekxx

their ads are wack.. i know maybe one person who makes $ on fb ads cuz they charge too much and it converts shitty.. who the hell wants indian and chinese traffic..

anyway they tried to become the next adwords, unfortunately they wont be... USERS go to google to find things(therefore adwords works)

users go to facebook to stalk girls and talk to friends(ads dont work as well)

Same reason myspace isnt raking in billions from their ad model..

Wait until they serve ads for all the sites that have Facebook Connect (2m+ so far).

I expect more from MarketSmart and Wiredguy, you guys should know what the deal is with Facebook.

The word "bubble" has become such an overused term and is often used wrongly. Facebook is a brand machine, it will be bigger than Google. Anyone who can't see this needs to get their heads examined.

[xxweekxx]

Originally Posted by dyna mo

i do very well with my fb marketing campaign, same ctr as i got on my google campaigns but the ctr to buy ratio for my fb ads blew google out of the water.

many marketers dont do well with FB..

[Platinumpimp]

Social media bullshit, it's great for attention whores though, just perfect

[marketsmart]

Originally Posted by DatingGameExpert

I expect more from MarketSmart and Wiredguy, you guys should know what the deal is with Facebook. .

i am a fucking spammer bro.. always have been always will be..

i dont have time for building relationships on FB..

i spend my time building scripts that automate things on a massive level..

i tried fb traffic and for me it was not worth the effort..

i spent some time with the co founder of wordpress a few months ago and he rolls around in some pretty high tech circles and we talked about fb and he without hesitation told me that he is pretty confident that fb will go the way of myspace in less than 5 years..

so,. i'll go with his opinion over a bunch of former gas station attendants that are now adult webmasters...






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[RyuLion]

Originally Posted by WiredGuy

New Internet bubble forming...
WG

Well said, lets keep it under the radar..

[camperjohn64]

Originally Posted by marketsmart

they arent making shit...

their operation costs are high..

Facebook = dead in 5 years...

.

I agree with this. Myspace was huge, where is it now.

AOL, geocities, yahoo, myspace, the trend of 3-5 years of lifespan is clear. Facebook is just a matter of time before the masses get bored with it and every says "You're STILL on Facebook?"

[marketsmart]

Originally Posted by camperjohn64

I agree with this. Myspace was huge, where is it now.

AOL, geocities, yahoo, myspace, the trend of 3-5 years of lifespan is clear. Facebook is just a matter of time before the masses get bored with it and every says "You're STILL on Facebook?"

the next trend will be with niche and micro niche social networking using tools like buddypress...

only attention whores (god bless them) want everyone to know and see their business..

fb has become a place where bosses, etc see your shenanagins and could ultimately hurt your career, private or family life..

fb was great as showing people what social networking can be, but the next level in my opinion is more privacy where only you and your close friends know where your meeting place is..

fads come and go and fb took myspace and made it simpler and more mature adult friendly..

thats all they did at the end of the day and thats why it took off..

in a few years the next phase will kick in and it wont be FB.....







.

[AmeliaG]

Originally Posted by dyna mo

As part of the deal, Goldman Sachs will help Facebook raise an additional $1.5 billion. To do this, the investment bank will create a ?special purpose vehicle? that will allow others to invest in Facebook indirectly. This would help Facebook bypass a S.E.C. regulation that requires companies with more than 499 investors to disclose their financial results to the public.

[cam_girls]

it's got a bit of steam yet.

can FB topple over eventually? sure. especially if they don't listen to suggestions how annoying the interface is.

I thought Zuckerberg (iceberg metaphor noted) was worth $15 billion?

OK, as a devout numerologist (BOLT = fastest, BILL = richest, WOODS = golfer)

I am definitely predicting FB will sucker up an iceberg and sink with 1000s on board.

[dyna mo]

Originally Posted by AmeliaG

i was wondering if someone was going to pick up on how blatantly devious that is!



by the time it's all said and done, fb will have been funded to the tune of ~$3 billion without having to publicly release financials.

[WiredGuy]

Originally Posted by DatingGameExpert

Wait until they serve ads for all the sites that have Facebook Connect (2m+ so far).

I expect more from MarketSmart and Wiredguy, you guys should know what the deal is with Facebook.

The word "bubble" has become such an overused term and is often used wrongly. Facebook is a brand machine, it will be bigger than Google. Anyone who can't see this needs to get their heads examined.

I'll be impressed by Facebook when they can develop a sound model to monetize their traffic, they're making money but solely because of Zynga and their games. Take away Zynga and their revenues will drop like a rock. Something like Groupon is doing it right, they have legions of buyers and opening their platform to the masses to use their platform. They are nowhere near the size of Facebook and yet dramatically more profitable.
WG

[dyna mo]

Originally Posted by WiredGuy

I'll be impressed by Facebook when they can develop a sound model to monetize their traffic, they're making money but solely because of Zynga and their games. Take away Zynga and their revenues will drop like a rock. Something like Groupon is doing it right, they have legions of buyers and opening their platform to the masses to use their platform. They are nowhere near the size of Facebook and yet dramatically more profitable.
WG

serving 1 trillion ads per year doesn't generate revenue for fb?

[WiredGuy]

Originally Posted by dyna mo

serving 1 trillion ads per year doesn't generate revenue for fb?

Revenue, yes. Profits, not much.
WG

[AmeliaG]

Originally Posted by dyna mo

i was wondering if someone was going to pick up on how blatantly devious that is!



by the time it's all said and done, fb will have been funded to the tune of ~$3 billion without having to publicly release financials.

The combination of massive government red tape and folks like Goldman Sachs who don't have to play by the rules others struggle to understand and comply with . . . seriously makes blood spurt out my ears.

[mynameisjim]

Facebook is a shit business no matter how you look at it.

They are more popular than Google yet make less money than companies you have probably never even heard of.

Considering their popularity and ubiquity, they should be one of the top earners in the tech field, yet they don't even make enough money to cover their own expansion.

But this is the new way to make money in tech, keep everything secret and cash in off the "funding". Twitter doesn't even bother trying to make money, that's how ludicrous this has all become. It's better to not even try to make money and let people guess how much you could make. Sort of like Sarah Palin running for president. She stays popular as long as she keeps people guessing.

[BVF]

The mere fact that there are so many people using facebook will help it survive....I don't EVER think that there will be a site again where you have your 70 year old grandpa with a profile.

[DatingGameExpert]

Originally Posted by marketsmart

so,. i'll go with his opinion over a bunch of former gas station attendants that are now adult webmasters... .

I never worked a regular job in my life. I can't speak for everyone else though.

[marketsmart]

Originally Posted by DatingGameExpert

I never worked a regular job in my life. I can't speak for everyone else though.

well don't ever go into comedy because you sure dont have any comprehension of comedic genius even when its right in your face...

i have a rapists wit...





.

[dyna mo]

Originally Posted by marketsmart

well don't ever go into comedy because you sure dont have any comprehension of comedic genius even when its right in your face...

i have a rapists wit...





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