Profile

Cover photo
Richard Dance
Works at Mindshare Worldwide
Attended hard knocks
217 followers|2,613 views
AboutPostsPhotosYouTube

Stream

Richard Dance

Shared publicly  - 
 
 
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.
.
2
Robert Wallis's profile photoRichard Dance's profile photo
3 comments
 
Who was the email from?

Richard Dance

Shared publicly  - 
 
 
Are the French the worst drivers ever? This stunt pulled by Ogilvy & Mather Paris for Ford would suggest so.
3
1

Richard Dance

Shared publicly  - 
 
Cumbia? Moombahton? AfroFunk? via Cologne? You're welcome.

http://soundcloud.com/deelamusic/tropical-nights-dj-mix
1

Richard Dance

Shared publicly  - 
1

Richard Dance

Shared publicly  - 
 
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
2
Have them in circles
217 people

Richard Dance

Shared publicly  - 
1

Richard Dance

Shared publicly  - 
1

Richard Dance

Shared publicly  - 
 
 
Behind The Scenes from Very Famous Movies
2
1

Richard Dance

Shared publicly  - 
 
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...
1
People
Have them in circles
217 people
Work
Occupation
digital strategy
Employment
  • Mindshare Worldwide
    present
Basic Information
Gender
Other or Decline to State
Story
Tagline
fucking amazing
Education
  • hard knocks