A poll reveals that many investors think Facebook is overvalued. Google's outgoing CEO, meanwhile, insists Facebook is not a threat. Is Zuckerberg's baby an actual colossus--or just an inflatable one?
Record profits. Hollywood biopic. Time's Person of the Year. There's no doubt that 2010 was the year of Facebook. Everywhere you looked, you saw navy blue.
And investors saw green. Recently, with a bit of help from the folks at Goldman Sachs, Facebook was valued at $50 billion--that's billion with a "b"--dollars. Meanwhile, the press started wondering if giants like Google could keep up, as Facebook poached talent from their neighbors over in Mountain View.
And now--what, you thought it wouldn't happen?--the backlash. Bloomberg reports that a poll of global investors reveals that 69% of them think that Facebook is overvalued. Just 10% thought it was "properly valued" (and 4% thought it undervalued), while 17% had "no idea." Bloomberg conducted the poll over the past weekend,...
Record profits. Hollywood biopic. Time's Person of the Year. There's no doubt that 2010 was the year of Facebook. Everywhere you looked, you saw navy blue.
And investors saw green. Recently, with a bit of help from the folks at Goldman Sachs, Facebook was valued at $50 billion--that's billion with a "b"--dollars. Meanwhile, the press started wondering if giants like Google could keep up, as Facebook poached talent from their neighbors over in Mountain View.
And now--what, you thought it wouldn't happen?--the backlash. Bloomberg reports that a poll of global investors reveals that 69% of them think that Facebook is overvalued. Just 10% thought it was "properly valued" (and 4% thought it undervalued), while 17% had "no idea." Bloomberg conducted the poll over the past weekend,...
- 1/28/2011
- by David Zax
- Fast Company
Whistling Woods International (Wwi), has signed a memorandum of understanding with the National Institute of Film and Media Arts, Buenos Aires (Incaa).The Mou will allow Wwi and Incaa in assisting each other in the dissemination of films of both nations as well as developing programs, projects and tasks together to encourage co-production between the two countries and the enrichment of student film-makers from both the nations.The Mou was signed between John J. Lee Jr., on behalf of Wwi and Incaa general manager Romulo Nestor Pullol. ...
- 12/14/2010
- BusinessofCinema
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