Tuesday, 26 March 2013 11:10

Facebook Is Now Relying on Developing Markets For Growth, Is It Working? Let's Delve Into The Numbers... Featured

I've been hard on Facebook over the last year or so, and especially hard over the last 30 days... Last month I opined on The Truth About Facebook That No Media Outlet Or Analyst Has Bothered To Notice. As its shares marched back up towards its ridiculous IPO price that I warned the entire year previous was basically a marketing/hype scam. I ended last week with It's Official, The Farcebook Ad Model Is A Sham!

One of the major reasons for being so bearish was that it was IPO'd at a multiple that was pure highway robbery, Cyprus savings account style! Now what I mean? And as  I warned throughout the year preceding the IPO...

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Facebook is a farce even with the froth taken off of the IPO price. Why? As gleaned from Internet World Stats...

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These stats are from the 2011-2012 YEAR! Growth has likely slowed more since then! Here's a tidbit for those who don't subscribe that clearly illustrates... When it sounds too good to be true, it's probably not true!

FB IPO Analysis  Valuation Note Page 01FB IPO Analysis  Valuation Note Page 02FB IPO Analysis  Valuation Note Page 03FB IPO Analysis  Valuation Note Page 04

As I ended my last article on this topic, this is simply Grouponzi 2.0 - just on a much larger scale!

The updated valuation for Facebook (which has actually has an increase in terms of value now that we have more information to deal with) is available to download for all paying subscribers (FB Q4-2012 Analysis & Valuation Note - update with per share valuation). I'm available to discuss this with professional and institutional subscribers via phone or Google+. Click here to subscribe or upgrade.

Last modified on Tuesday, 26 March 2013 11:32

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