- File Size: 2540 KB
- Print Length: 60 pages
- Publisher: eBookIt.com (April 10, 2012)
- Publication Date: April 10, 2012
- Sold by: Amazon Digital Services LLC
- Language: English
- ASIN: B007TC3ZB8
- Text-to-Speech: Enabled
- Word Wise: Not Enabled
- Lending: Enabled
- Amazon Best Sellers Rank: #1,659,923 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
The Facebook IPO Primer Kindle Edition
|Length: 60 pages|
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Top Customer Reviews
If you read the book, you will get a healthy dose of skepticism, mixed with the idea that many large IPOs in tech have been successful, like Google. The main idea is that you have to do due diligence. All snowflakes have six corners, but they are all different.
The book gives you five different ways to value Facebook, and those methods are all over the map, as they should be for a company where the economics are yet to be determined. At least it is profitable.
The range of valuation gives everyone something to hang onto, but the thought process should force everyone to think about how Facebook will monetize all of their users. Will the users behave in a way that allows Facebook to make money off them? So far, yes, but the future is far more volatile than I can imagine.
In general, I would advise readers to avoid IPOs. Most people lose money in buying them on the secondary markets. Better you should buy stock in less flashy businesses like utilities, insurance, and energy stocks. You will make more money there -- businesses with a high earnings yield tend to do better than other stocks, and Facebook does not make it there, for now. Buying Facebook implies a company that will grow far more rapidly than most, and far a long time, which is not common.
If you are thinking about buying shares of Facebook, spend five bucks or so, and get this book.Read more ›
Most Recent Customer Reviews
In this book Nancy Miller asks several questions and in many cases provides the framework for the reader to answer. Read morePublished on May 10, 2012 by Jon B.
I am not very savvy about IPOs so this was the perfect book for me. It explains how the IPO works, is extremely readable and comes with helpful charts. Read morePublished on May 7, 2012 by UW75
The Facebook IPO Primer is a breezy read. It skillfully tells the Facebook story (so interesting in of itself) and the story of how the market for new stocks works. Read morePublished on May 6, 2012 by SearchQueen