Some of those substantial dangers: 23: Quantity of pages in the IPO prospectus describing "risks related to [Facebook's] business and industry." I suggest potential traders study each single 1 of them, just as they ought to be conscious of the danger elements for every inventory they personal. 15%: Percentage of revenues derived attributable to Farmvilleowner Zynga (Nasdaq: ZNGA) and third parties marketing on pages produced by Zynga applications. Everybody is familiar with Zynga's dependency on Facebook, but I have by no means listened to anyone point out Facebook's dependency on Zynga. The socialnetworking game developer has to operate just to stay in place, by continuously coming up with new games that will capture the attention, time, and bucks of its users, who I suspect are very fickle. Extremely difficult company. I would not classify this as a steady longterm revenue supply. fifty seven.three%: Voting power concentrated in a single individual CEO Mark Zuckerberg subsequent the IPO. If Zuckerberg finds himself in a scenario where a conflict occurs, whose interests do you believe he's going to put initial: yours or his? External shareholders will be just as nicely off "liking" Morton's Sea michael kors väskor billigt Salt Fb page as voting their shares, for all the influence chanel väska it will have. Fifty % represents the weighting the bankers assigned to this methodology. But certainly, all of the traders who purchased the shares in the private marketplaces did so primarily based on a regarded as evaluation of Facebook's chanel stockholm business worth. Just inquire the technology fund supervisor who was quoted in The Wall Street Journal at the end of February only a couple of days following getting bought fifty,000 shares, bringing his holdings to 200,000: "Whatever you believe Facebook is really worth these days, it is heading to be really worth more once it's publicly tradable." Paging Mr. Fool, Mr. Higher Fool! michael kors klockor billigt seventy seven.five: Pricetoearnings ratio of Fb shares primarily based on a 12 months' earnings per share to March 2012 and a $38 share price. This number is actually only marginally higher than the sixty seven.five P/E ratio of Google's (Nasdaq: GOOG) shares when they were priced at $eighty five on their August 2004 IPO. Google's shares went on to do extremely well, but keep in mind that we look back at Google's share overall performance with hindsight. That overall performance happens to coincide with a time period of superlative execution by the company Google carries on to dominate its market. Fb, on the other hand, has a lowerquality company and is coming to marketplace later on in its development trajectory. Whether it can maintain its development and stay dominant over the subsequent five many years let alone the next 8 is very a lot an open question. Your very best course of motion: performing nothing Facebook's IPO will nearly definitely signify a bad longterm expense. If you are searching for a little pleasure, why not consider the canine races? If you're searching for an knowledgeable speculation,
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