How much did Zuckerberg lose today?
 

FB stock was down $2.50 on the day and is down another $2.50 in after hours trading. Ouch!

http://www.google.com/finance?q=NASDAQ:FB

He was smart enough to start facebook .... What's the story with those that actually thought it was a good opening day investment?

.

All those that bought at the $38 IPO price must be hating FB about now. Down over 33% to $24.30.

haha i always wonder that when a massive shareholder sees a stock drop a dollar in a day. when you multiply it by how many shares a person would own, like if they have 30 million shares, they essentially lose $30 million in a day

Did he really "lose" anything?

He already owned the company. So he was making whatever money it brings in.

Then he sold a shitload of stock at an inflated price and put that in the bank.

I don't see how he did anything but gain out of it.

Now the people who bought that stock...they have lost big time. But not MZ. He won.

Real quick, can someone tell me how the fuck Facebook is so highly valued?

Looks like he owns 503 million shares - lost $2.5 billion today.

He did sell about $1 billion worth of shares so I doubt he is hurting for money but the stock he owns is tanking. He's worth $2.5 billion less right now than he was this morning.

rise strock: http://www.google.com/finance?q=NYSE:AOL :D

I guess you could say on paper he lost part of his estimated worth. But in reality, nothing changed for him in his bank account.
He already owned the company. He didn't actually buy any of those shares to begin with. He just kept them for himself.

The only people actually losing REAL money are people who paid out money to buy shares and now are actually losing money. :)

Yeah I would agree with you.

Bet he's standing on the roof of FB contemplating jumping since he's only worth $10,000,000,000 now.

He doesn't own the company any longer, shareholders do.

"I'm the only person I know that's lost a quarter of a billion dollars in one year.... It's very character-building." - Steve Jobs

Wrong!

The only people who lost are people who sold today. (That didn't short)

You got me, man. Stupid, greedy people maybe?

With a price to earnings ratio of 85 (the average forward PE of the S&P 500 is 12.8, going back to 1976), they better figure out a way to MULTIPLY their earnings in a hurry.

More likely, it's headed much further south.

he is still probably 100x wealthier than all of gfy users combined... so who cares... :1orglaugh

:thumbsup

Its all gravy for him anyway.

He didn't lose anything.

Hopefully facebook goes bankrupt

Poor little rich boy,that's just spending money for him

Good point. Also, when insiders' lock in period expires, expect FB stock to FLOOD the market. It is truly a bad idea to buy now. Scoop up this stock it hits $3 to $8. Not a second before.

Facebook is on a downfall. 3-5 years from now, people will be fed up with that social killer site. People will start to realize they need to get out and enjoy life.

I don't give a facefuck about that...

He'll still have one thousand times what you'll make in a lifetime so it's no biggie.

That's what i'm thinkin'

I take comfort in the knowledge that Zuckerberg will never be able to enjoy that money the way I would.

I'd be eating lobster tails off Scarlett Johansen's tits.

his still balling hard,

he doesnt need much to money to live on, look at what he drives/wears/lives.

And until then, short the fuck out of it.

stocks go up and down

you dont lose or gain anything until you sell. until that moment the price doesnt matter.

:1orglaugh:1orglaugh:1orglaugh

Is that domain taken ? A social network with that domain could rise also to high value.

ouch.....

I bet a lot of them are spending all day every day clicking adverts on the site over and over.

that would hurt :disgust

That's true.

But for Zuckerberg he can never "lose" anything on this deal if you think about it.

It was his company. He didn't have a helluva lot of startup in it. And that was made back years ago. If he walked away with one dollar right now he wouldn't "lose" anything.

All that overpriced stock he sold made him even richer. The price can go down to 1 cent a share and it won't affect his bank account one bit.

As you said...only if he sells more stock does it matter to him. And even then...he can't "lose" because the stock didn't cost him one thin dime.

not the right moment for buying....and also not the right to sell those how have bought already

Mark Zuckerberg's net worth falls by $7.6 billion from the drop

So you are ok with not losing earnings to the tubes, since you built your biz?

That's not even close to being an accurate analogy. lol

Nobody is stealing Facebooks actual customers and product. We are simply talking about stocks. Come back to reality a second and don't go off the rails.

Lost 1.29B today

http://www.forbes.com/real-time-billionaires/

Yeah and stop taking photos of what they are having for dinner that night.

I wish Chinese mafia takes his fat wife back and beats him to death with chopsticks for the shame and dishonor he brings to mafia.

Mark Zuckerberg's net worth has fallen by $7.2 billion since the IPO according to CNN Money.

Yep. But according to the genius's at GFY (multiple in this thread) he hasn't lost a thing yet! Because it's all on paper!!!!!

:thumbsup

To take a quote from SleazyDreams - "idiots"

Probably puts hair on your chest as well.

Ah. Just created an FB thread.. Didn't see this one.

Doesn't this happen to all of them until a new site comes out?