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Richard Dance
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Attended hard knocks
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Richard Dance

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Err
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I created this simple graph to illustrate why I think the Facebook IPO is the result of a 'bubble'.

Ford vs Facebook:

- Ford has 36 times higher revenue
- Ford has 8 times higher profit
- Ford has 8 times as many assets (including a much larger cash reserve)
- ...but Ford is valued at only 41% of Facebook's expected market cap.

More to the point. Ford's market cap is valued at 70% of their total assets. Meaning that if Ford where to closed down today, the investors could just sell the assets and get their money back.

But Facebook is valued 1,370% higher than what they have in assets, meaning that if Facebook closed down today, we are talking serious financial loss.

This is the dot.com era all over again. Value is being determined based on activity (page views, ad impressions, users), instead of real things like... you know... money and assets.
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Who was the email from?

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Are the French the worst drivers ever? This stunt pulled by Ogilvy & Mather Paris for Ford would suggest so.
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Cumbia? Moombahton? AfroFunk? via Cologne? You're welcome.

http://soundcloud.com/deelamusic/tropical-nights-dj-mix
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Alireza Yavari originally shared:
 
Money Portraits Origami by Hasegawa Yosuke
These cool little portraits are made out of money bills from all over the world.
+Nima Akbarpour coined the name MONEYGAMI but the artist calls them ORIMONEYGAMI
source: http://goo.gl/iVcn5
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Richard Dance

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Richard Dance

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Behind The Scenes from Very Famous Movies
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http://beat.baidu.com/?tag=weird

This is sadly irresistable, and doubtless a terrible example of Chinese popular culture.

Enjoyable articles so far include Midwife victorious in controversial “Anusgate”; lawsuit; Mysterious hole opens in Sichuan, depth yet to be determined, and Eggs cooked in children’s urine deemed intangible cultural heritage in Dongyang...
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Have them in circles
237 people
Fiona McLeod's profile photo
Sarah O'Donovan's profile photo
Lindsay Lichtenberg's profile photo
Punnajit S.'s profile photo
Ior Mar's profile photo
Jonathan Chadwick's profile photo
Yazlí Lameda's profile photo
Eliane Alhadeff's profile photo
Joe Ogden's profile photo
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