Facebook surpasses Google worldwide

[dcristo]

I don't really think you get my point but whatever.

 

[Theo]

OK, so you're saying Facebook decided to make money just to show off to their investors pre and post IPO? In other words, it was timed - the money-making - not a true business necessity, like any other business. Hmmm...now you got me thinking. A business that wants its shareholders to make money! That's fresh news. I had no idea it works this way!

 

[dcristo]

I am saying with the timing of the IPO the company is more motivated to monetize the site so comparing year-to-year in a year when they IPOed is misleading I stand by what I said. Don't hate me just because you bought FB shares

 

[Theo]

Don't hate me just because you bought FB shares

I have never bought facebook shares. But your argument is proof why tinfoil hats have a market still.

 

[dcristo]

Is there not an urgency to make money when you IPO? It's just common sense if you ask me.

 

[Theo]

Actually, this shows how unfamiliar you are with the IPO concept of US corporations. The company's BOD first announces its intention to have an IPO. Then it has to be approved by the shareholders, then the financial handlers (bankers). Then, it's approved or denied by the regulatory committee to ensure rules and regulations are in place. This way one avoids situations like insider trading. If you think, that Facebook suddenly made money with the intention to "fool" all those mechanisms that exist, then please don't ever buy stocks.