Facebook set to open tomorrow. The price range values it north of 100 billion dollars market cap. Is this a sucker’s bet?
Re: facebook ipo
Stock closed where it opened. Rb valued at 110 billion dollars.
Apple currently is largest market cap stock in us and probably world at 500 billion dollars.
Assuming rb executes perfectly and reaches same mot cap that is a return of 4.5x. A big if. Watch out below.
Re: facebook ipo
In a different thread a poster stated "itcwill do fine due its patent portfolio". But no expected rate of return as a function of duration was provided.
In this monologue I would suggest over next 5 years the stock will underperform s&p500 index by at least 1% per year (more if trading cost included)