FB founder and Fwd us group criticizes Obamacare

Ateneo Professor on Entrepreneurship

Repost from Newsmax newsfront  April 29, 2013

Fwd.us, the new political advocacy group founded by Mark, founder of FB, and other Silicon Valley bigshots, initially was for comprehensive immigration reforms.  But has posted comments on virtues of big oil and high costs of Obamacare

Fwd.us maintains that this society is no longer resource but rather knowledge based

Mark Z of Facebook talks about FB up and down

Ateneo Professor on Entrepreneurship

From entrepreneur.com

Mark Z made his first public appearance  since IPO of Facebook at TechCrunch disrupt conference. (Facebook still continues its nosedive;  as of this week, by another 11%).  He explained at length on FB acquisition of instagram, why it is not having a smartphone.

He talks about success and failure of FB and some advice:

l.  Be where the customers are;

2.  Recognize mistakes and be ready to pivot;

3.  Find balance between business profit and service. Read more

Did you buy Facebook stock? He thinks it is only worth $7.50@ not even $22.00@

Do you agree?

His article is litany of Facebook negatives (the harsh reality)  Are they correct?

What do you say about the Facebook business model?"

---------- Forwarded message ----------
From: Money Morning <customerservice@moneymorning.com>
Date: Tue, Aug 7, 2012 at 6:38 PM
Subject: The Clever Folks are the Ones Who Already Sold

You are receiving this email as a part of your subscription to Money Morning. Your ability to alter your subscription information can be found at the bottom of this email.

August 7, 2012 Sorry... Facebook is Still Only Worth $7.50 a Share By Keith Fitz-Gerald, Chief Investment Strategist The technorati took me to task. So did Wall Street. They were agitated by an article I wrote in May explaining why the world's most hotly anticipated IPO, Facebook (Nasdaq:FB), was worth a mere $7.50 a share at best. "Out of touch," one of the critics said. A "luddite" charged another. "Doesn't grasp the significance of so many users," one Wall Street insider opined--who happened not coincidentally to work for one of Facebook's investment bankers. Since then the social media darling has fallen another 31% to nearly $22 a share. Ten weeks later, Team Hoodie hasn't done much to merit an upgrade either. Sorry guys...Facebook is still only worth $7.50 a share - likely less. Here's why. The Cold, Hard Facts for Facebook At the time I reasoned that Facebook's valuation simply didn't merit the 100 times earnings IPO price of $38 a share based on comparable figures from Google (Nasdaq: GOOG) and Apple (Nasdaq: AAPL). -------------------------------------------------------------------------- How About A Little Gas Pump 'revenge' For years, we've gotten gauged at the gas pump. Thanks to this little known "loophole" it's your turn for 'revenge...' You could even use this "trick" to make Big Oil pay you to retire! Click here now for all the details. -------------------------------------------------------------------------- But there were a host of other factors as well. I cited falling revenues, a lack of control over the mobile market channel, increasing distrust from customers who were voting with their feet and the concurrent departure of major advertisers like GM which will cost Facebook an estimated $10 million a year in revenue alone. I also posited the assumption that Facebook would be unable to maintain the 100% plus growth that many investors believed was baked into the proverbial cake. Google couldn't. Apple couldn't. And both of them are real businesses. That's the key...real businesses. Fact is, Facebook still hasn't figured out what it wants to be when it grows up. Despite the fact that CEO Mark Zuckerberg does have some excellent advisors, the company isn't going to be able to hide the fact that its "business" is nothing more than a colossal time-wasting collection of personal interest items for much longer. Other problems abound, too. All of them point to a lower share price. For instance, Team Hoodie seems more intent on creating new applications than they do on making money from customers. There seems to be a disconnect between what's cool and what actually makes money. Take the recently unveiled tablet-based Facebook application for example. Sure, it gets Facebook on a mobile device but there's no plan I can discern for how the application creates a different experience nor how it will generate money from all those eyeballs. Then there's the Facebook phone. First it's happening, then it's not. This suggests that Team Hoodie may have serious internal strategy battles and be fraying around the edges. Facebook's "Fiscal Cliff" Call me crazy, but I think Facebook's numbers reflect this already. One quarter into its public life, Facebook's net income dropped by $295 million to a loss of $157 million. The cost of customer acquisition is going up so that's clearly digging into its bottom line. So is the way the company chose to account for stock-based pay in adjusted earnings. Had management not chosen to exclude stock-based pay, the loss may have been orders of magnitude worse. And finally, Facebook has its own fiscal cliff of sorts. The 91-day lock up period imposed on employees and company insiders following Facebook's IPO expires later this month. That means another 268 million shares could come up for sale further depressing the value of the 2.1 million shares already outstanding. ------------------------------------------------------------------- Are We Being Lied to About American Energy Independence? Big energy has donated $606 million to both political parties to make sure that you aren't told the real story of a secret energy crisis that may be about to strike. This investigation may open your eyes just in time for you to protect your wealth and future from what's coming. Click here to see the controversial video that is causing an uproar. ------------------------------------------------------------------- With the stock now off $16 from its $38 IPO price there's definitely an incentive to sell. A large number of employees are probably anxious to get out before the markets destroy their windfall gains. I know I would be. As the chart below shows, former employees have already hit the dislike button and sold. Figure 1: Source: SecondMarket, Inc. Call me a skeptic but I find it especially convenient and more than a little coincidental that 79% of the total Facebook-related market volume comes from former employees and 86% of the total Facebook-related transactions come from the same group. Investors are the next biggest group of sellers by total dollar volume accounting for 12.4% of the total and 4.8% of the number of sellers. Perhaps they haven't given up the ghost yet. Either way, the chart is kind of scary when you consider the exponential growth associated with Facebook stock sales because the old adage certainly applies. What goes up, must come down. Don't get Zuckered again. The clever folks are the ones who already sold. Best Regards, Keith Fitz-Gerald, Chief Investment Strategist Money Map Press Further Reading... On the heels of the Facebook IPO fiasco, many investors we left to wonder how they could find the next big thing and avoid getting "facebooked" in the process. In this article Keith offers five ways to separate the winners from the losers. Leave your comments Forward to Friend Print The Real Story Behind the Knight Capital Trading Fiasco By Shah Gilani, Capital Wave Strategist Oh, you are going to love this. That whole Knight Capital fiasco last Wednesday, when a software glitch caused them to flood the market with thousands of unintended orders, it ain't exactly what you think it is. Sure, they tripped over themselves in the dark pool where they were trying to compete. But somewhat interestingly (okay, a LOT interestingly), the competitor that drove them to "upgrade" their trading software, which malfunctioned and caused them to actually bid-up share prices erroneously and then buy them at inflated prices, was none other than, wait for it... The New York Stock Exchange. That's not the whole story, or even the good part. Oh, it gets better. A lot better Knight claimed a $440 million trading loss on Wednesday resulted from their computer glitches and sunk the company (at least for now; I'll get to that). Well, according to Nasdaq (this was on its site: nasdaq.com), it wasn't a trading loss at all. Knight paid Goldman Sachs a $440 million fee (commission?) to take the errant shares Knight had bought on Wednesday morning off its hands. Now, I don't know what Goldman did with those shares, but my guess is they held most of them and sold them on Friday when the market soared a few hundred points. Of course, that's not a "prop" trade. Knight is a customer of Goldman's (it is now...). But who cares? Goldman Sachs ripped a customer for a $440 million fee, virtually bankrupting it in the process, flipped the shares it bought from Knight to "help" them (and first of all, probably overly hedged itself... as in enough to be net short... the large stake it holds in Knight's convertible preferred) for a tidy profit, and then probably shorted the stock (before "helping" them, and themselves to their little fee) before the stock collapsed, then probably gave it its "lifeline" (that's a guess, and I'm being sarcastic, but it's possible). And maybe we'll find out where that lifeline Knight got on Friday really came from) before buying a ton of Knight's shares back on Friday before hearing (of course... before) that several big firms were looking at buying Knight. What's my point in the above LONG sentence? Who cares! That's all business as usual at the Golden Vampire Sachs. That's after-the-fact stuff. What's more interesting is why all this happened in the first place. Here's what you probably don't know... To subscribe to Shah's free newsletter, Wall Street Insights & Indictments and continue reading click here.... On Air Now Why AMZN Stock is Soaring The Lesser of Two Evils: Facebook vs. GM It's Time That We Update This 100% Winner Login here >> Today's Top News Summer Slump in Silver Prices Closer to an End Silver prices ended higher in July and have pushed up in the beginning of August, but will the climb continue? Here's what to expect for the rest of 2012. Read More... Fiscal Cliff 2013 Fears Already Stifling U.S. Economy You're likely already worried that the "fiscal cliff" could bring you a bigger tax bill, but did you know it could cost you your job? Here's how. Read More... What EROEI is - and How to Use It To profit from oil prices and other energy market moves, investors need to know one key metric and how to use it. Dr. Kent Moors explains. Read More... Our Experts Keith Fitz-Gerald What 700 Million People in the Dark Says About Investing in India Dr. Kent Moors The Problem with Renewable Energy is the Price Martin Hutchinson Try as He Might, Mario Draghi Cannot Save the Euro William Patalon III We're Not Saber Rattling, We're Simply Connecting the Dots Shah Gilani Q&A: Shah Gilani on Financial Regulation, Central Banks and More... Michael A. Robinson This "Lab" is So Fast You Get Results Before You Leave the Doctor's Office Peter Krauth While Banks Crumble, The Next Leg Up For Gold Prices Draws Near Key Economic Reports This Week Date Release 8/6 Senior loan officer survey 8/7 Job openings (6/12); Consumer credit (6/12) 8/8 Productivity (2Q); Unit labor costs (2Q) 8/9 Weekly jobless claims (8/4/12); Trade deficit (6/12); Wholesale inventories (6/12) 8/10 Import price index (7/12); Federal budget (7/12) Money Morning - a free e-service of Money Map Press. For more information, about Money Morning and Money Map Press, visit our home page. Advertise with Us To advertise in our e-letters or on our Web site, contact us. Republish Money Morning on your Web site, blog, or e-mail w/o charge. Learn how. Questions Have a question for our editorial team? E-mail us. Interested in our team covering a topic in Money Morning? Send us an e-mail. Research Services Money Map Press Home Money Map Report Energy Advantage Energy Inner Circle Permanent Wealth Investor The Geiger Index Real Asset Returns Merchant Banker Alert Strike Force Capital Wave Forecast Radical Technology Profits Energy Sigma Trader The Spin Trader Subscription Information: Contact customer service by emailing them here: Money Map Press Customer Service CustomerService@MoneyMapPressInfo.com Unsubscribe from Money Morning Money Morning: You are receiving this email as a part of your free subscription to the Money Morning E-Letter. To read our privacy policy click here. Remove your email from this list: Unsubscribe To cancel by mail or for any other subscription issues, write us at: Money Morning | Attn: Member Services | 105 West Monument Street | Baltimore, MD 21201 North America: 1.888.384.8339; International: +1.630.820.5053; Fax: 1.410.622.3050 Website: http://www.moneymorning.com © 2012 Money Morning All Rights Reserved. Nothing in this email should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only a fter consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Morning. 105 W. Monument Street, Baltimore MD 21201.

--
Jorgeus George

www.jorgeusbiker.blogspot.com

www.jorgeusbiker-edcorner.blogspot.com

www.twitter.com/jorgeusbiker

www.facebook.com/jorgeusbiker

Fwd: Jobs or Zuckerberg: Who'd Make the Better Boss?

                                                    
                                                        Steve Jobs of Apple

                          
                               Mark Zuckerberg of Facebook



Are we comparing apples and oranges here? Or a visionary and a geek?

A very dead person vs somebody who is alive?

Who had more solid performance?  Who built a more solid organization?

---------- Forwarded message ----------
From: Entrepreneur.com <news@updates.entrepreneur.com>
Date: Fri, May 25, 2012 at 8:16 PM
Subject: Jobs or Zuckerberg: Who'd Make the Better Boss?

Is this email not displaying correctly? View it in your browser. Most Popular May 25, 2012 Startups Run & Grow Money Marketing Technology Franchises The 'Treps Jobs or Zuckerberg: Who'd Make the Better Boss? With the Apple founder's death and the Facebook IPO, there's been a changing of the guard in Silicon Valley. Here's how the two leaders' styles compare. SHARE What Makes Facebook Worth So Much After Facebook's IPO, the social network is being valued at about $100 billion. Here's how you can try to emulate that success. SHARE 100 Brilliant Companies 2012 Entrepreneur's annual look at the brightest ideas, the hottest industries and the most insightful innovators SHARE 4 Mistakes to Avoid When Applying for a Bank Loan Two leading banks, honored for National Small Business Week, offer their best advice to business owners seeking credit. SHARE Five Ways to Organize Your Office--Stylishly How to make your office project a professional image for your business, and a look at products to help you do it. SHARE How the 'Little Guy' Can Partner With Big Companies If you're a little guy, there are plenty of ways to partner with a much larger company. Here are seven. SHARE ENTREPRENEUR BOOKSTORE Maverick Startup By Yanik Silver The Best of Guerrilla Marketing--Guerrilla Marketing Remix By Jay Conrad Levinson SUBSCRIBE TO MORE NEWSLETTERS Growth & Leadership Starting a Business Sales & Marketing Tech Tactics Second Act Young Entrepreneur Best of the Week Franchise Social Media Entrepreneur.com  |  Mobile  |  Second Act  |  Young Entrepreneur  |  Magazine  |  Bookstore  |  RSS Feeds  |  Blog Manage Your Newsletters  |  Unsubscribe  |  Subscribe  |  Entrepreneur on Your iPad  |  Privacy Policy  |  Contact Us Copyright © 2012 Entrepreneur Media, Inc. All rights reserved.  |  Entrepreneur Media, Inc. 2445 McCabe Way, Irvine, CA 92614