Bloomberg West TV will analyze Facebook IPO revenue details at 6pm. 5B offering not 10B to be raised
Bloomberg West TV will analyze Facebook revenue details at 6pm. 5B offering not 10B to be raised. Mark Zuckerberg expected to be worth $20 billion
Zuckerburg salary nearly $500k and Sheryl … $300 but she has got $30m in stock options. Zuckerburg has 28% control of Facebook
Payment process is fastest growing part of Facebook revenue. Last year was 15% because of Zynga gaming
12% revenue of Facebook is from Zynga
FB has been profitable for 2 years.
This was interesting analysis: Facebook looked upon threat to Google since it is developing into a search engine. Google needs to exist to understand the relationship of people interests which makes Google not as important moving forward. Facebook does not allow Google access to its data. So Google responds by building Google+ in retaliation to preserve what Facebook is becoming. If FB continues botching their expansion, Google should be fine but could be threatened as Facebook grows as a kind of search engine of personal data.
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
