Here are some impressive numbers on Facebook’s announced IPO in 2012. Is it overvalued? Would Facebook’s business model, founded on advertising revenue, be enough to satisfy the fat cats of Wall Street? What is sure is that the Facebook phenomenon is massive and still growing and that this IPO will make Mark Zuckerberg rich, very rich!
Yes, Facebook is a success story of sorts. It’ll probably surpass Google’s. As to the IPO’s potential pricing I can only repeat old Warren’s piece of advice: Price is what you pay, value is what you get. But in the end Google’s IPO was considered to be overpriced in the first place. And look where they stand today!