vergent
Re:Facebook IPO values company at between $85bn and $95bn
on Friday May 04, 2012 @07:37AM (#3927941)
I believe these numbers are wrong. $60-75 is the current target according to the revised S-1
http://finance.fortune.cnn.com/2012/05/03/facebook-ipo-28-35...
Re:The dangers of relying on startup steroids
on Thursday May 03, 2012 @12:57PM (#3924640)
Facebook shut down a big component of their Open Graph integration: the spammy auto-publishing. The decline followed shortly after. https://twitter.com/#!/rabois/status/194259967816105984
Re:The dangers of relying on startup steroids
on Thursday May 03, 2012 @09:43AM (#3923796)
I don't know if OMGPOP integrated with Open Graph, but there story is certainly similar.
A mobile app powered largely by Facebook interactions takes off like a rocket ship. In less than month is adds so many millions of users that it gets bought for $180 million dollars.
A company that was in the red is suddenly worth a ton of cash. Cut to a few weeks later, and Draw Something is shedding users like water off a duck's back.
http://www.betabeat.com/2012/05/02/draw-something-decline-om...