Profile cover photo
Profile photo
Zach Douglas
That guy.
That guy.

Zach's posts

Post has shared content
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 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.

Post has shared content
Difference Between
Boss & Leader

Post has shared content
"When you are young, work to learn, not to earn."

Post has shared content
Time to wind down. Night friends.

Two Autumns by photographer Mikhail Trakhtenberg

Post has shared content

Post has attachment
Artist recreates a wave in the Pacific in real-time as an exhibit in a Polish museum.

So this feels a lot like FB. Are there any huge differences besides the New Hotness factor? From what I'm seeing, the only big difference besides probably some privacy settings, I don't have to follow people that follow me. Yay?
Wait while more posts are being loaded