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Old 01-28-2011, 05:09 PM   #78
The Omega Concern
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O.K. Sounds reasonable and useful and good to hear your using it to your benefit. Overall it sounds like FB has improved the music model a bit and since their the biggest internet flag out there for networking, I suppose it's here to stay for awhile.

yah...Goldman Sachs...they floated this meme out there and gave a preliminary valuation of FB at 50 Billion. Rather suspicious and it harkens back to the internet bubble in Silly Con Valley during the 90's. Anyway, I don't think they got many takers as the whole thing appears to be a scheme to get cheap money from investors (with GS holding all the cards to get out early while investors wouldn't be able to cash out for at least 18 months from the IPO).


So...for FB...if they get too caught up with Goldman Sachs and lets say, an uprising in the states occurs that's similar to what's going on in Egypt right now, GS's name would be mud and by extension FB might face a similar backlash. All speculation of course but in some ways that's what happened to Myspace when Rupert Murdoch bought it.

 
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