Finance Geek http://financegeek.com Come Get Some . . . ™ Thu, 17 May 2012 15:14:05 +0000 http://wordpress.org/?v=2.6.5 en Foreclosures Hit 5-Year Low: Is There Light At the End of the Tunnel for Housing? http://financegeek.com/foreclosures-hit-5-year-low-is-there-light-at-the-end-of-the-tunnel-for-housing/ http://financegeek.com/foreclosures-hit-5-year-low-is-there-light-at-the-end-of-the-tunnel-for-housing/#comments Thu, 17 May 2012 15:14:05 +0000 yahootechticker http://financegeek.com/foreclosures-hit-5-year-low-is-there-light-at-the-end-of-the-tunnel-for-housing/ Follow The Daily Ticker on Facebook! A handful of housing data this week supports the case that the U.S. housing market may be heading for a recovery. Housing starts rose more than expected in April, up 2.6% to 717,000 due primarily to a rise in single and multi-family starts, People falling behind on their mortgages [...]

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]]> http://financegeek.com/foreclosures-hit-5-year-low-is-there-light-at-the-end-of-the-tunnel-for-housing/feed/ Iran Will Get Nukes and “We’re Not Going to Do Anything”: Ian Bremmer http://financegeek.com/iran-will-get-nukes-and-%e2%80%9cwe%e2%80%99re-not-going-to-do-anything%e2%80%9d-ian-bremmer/ http://financegeek.com/iran-will-get-nukes-and-%e2%80%9cwe%e2%80%99re-not-going-to-do-anything%e2%80%9d-ian-bremmer/#comments Thu, 17 May 2012 13:19:06 +0000 yahootechticker http://financegeek.com/iran-will-get-nukes-and-%e2%80%9cwe%e2%80%99re-not-going-to-do-anything%e2%80%9d-ian-bremmer/ Follow The Daily Ticker on Facebook! Oil prices have tumbled in recent weeks as concerns over Iran’s nuclear ambitions have taken a backseat to worries about Europe’s debt crisis and the slowing global economy. But talks between Iran and U.N. negotiators continue and, despite reports of progress, the outcome is far from certain. In the [...]

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]]> http://financegeek.com/iran-will-get-nukes-and-%e2%80%9cwe%e2%80%99re-not-going-to-do-anything%e2%80%9d-ian-bremmer/feed/ Hats off to Facebook http://financegeek.com/hats-off-to-facebook/ http://financegeek.com/hats-off-to-facebook/#comments Thu, 17 May 2012 12:59:05 +0000 theequitykicker http://financegeek.com/hats-off-to-facebook/ Facebook is picking up a lot of criticism as it heads into its IPO. In particular there are questions over its continued growth and the effectiveness of its advertising formats, largely on the back of General Motors saying its Facebook ads haven’t been paying off. And to top that an increasing number of insiders are deciding to vote with their feet and cash in on the IPO.

I think all this criticism is a function of the valuation rather than a reflection of the quality of the company. As you may have seen Facebook just raised its IPO price and will be worth over $100bn if it goes out at the top of the range. Meanwhile the FT is warning that retail demand risks inflating the IPO.

I think that if I the valuation was considered to be low everyone would instead be focused on what a great business Zuckerberg and his team have built over the last eight years.

Venturebeat gave us a reminder what they have achieved this morning when they wrote that Facebook is breaking three records with its IPO:

  • Facebook will be the largest venture backed IPO of all time (c4x what Google did in 2004)
  • Facebook has raised $2.2bn in venture capital – more than any other VC backed company in the US and nearly 2x Clearwire, the second placed company (Twitter has raised $1.1bn)
  • Facebook has acquired 13 companies, more than any other company in the run up to its IPO. Twitter is second with 11.

Most companies would be happy reaching a value of $2.2bn, let alone raising that much money.

I say hats off to Facebook.



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]]> http://financegeek.com/hats-off-to-facebook/feed/ Jetpack Joyride Comes to Facebook http://financegeek.com/jetpack-joyride-comes-to-facebook/ http://financegeek.com/jetpack-joyride-comes-to-facebook/#comments Thu, 17 May 2012 08:59:05 +0000 wiredtechbiz http://financegeek.com/jetpack-joyride-comes-to-facebook/ Okay, I’m not a huge fan of Facebook games. I never played Farmville or Mafia Wars, and since I spend less and less time on Facebook every passing month, I’m not usually on the lookout for games there. However, one of my favorite iOS games has made the jump to Facebook: Jetpack Joyride.




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]]> http://financegeek.com/jetpack-joyride-comes-to-facebook/feed/ So You Think You Might Be in Love With Facebook Stock http://financegeek.com/so-you-think-you-might-be-in-love-with-facebook-stock/ http://financegeek.com/so-you-think-you-might-be-in-love-with-facebook-stock/#comments Thu, 17 May 2012 04:59:06 +0000 wiredtechbiz http://financegeek.com/so-you-think-you-might-be-in-love-with-facebook-stock/ Why Buying What You Know, Especially Facebook Shares, Is a Path to Heartbreak




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]]> http://financegeek.com/so-you-think-you-might-be-in-love-with-facebook-stock/feed/ Mophie Juice Packs Give iPhone Batteries a Boost http://financegeek.com/mophie-juice-packs-give-iphone-batteries-a-boost/ http://financegeek.com/mophie-juice-packs-give-iphone-batteries-a-boost/#comments Thu, 17 May 2012 04:59:06 +0000 wiredtechbiz http://financegeek.com/mophie-juice-packs-give-iphone-batteries-a-boost/ I have asked for a specific table at a restaurant just so I could be near an outlet and I’ve sat on the floor of more than a few convention centers, listening to a panel and charging my iPhone. I’m happy to say that those days are behind me now that I have the Mophie Juice Pack Plus.




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]]> http://financegeek.com/mophie-juice-packs-give-iphone-batteries-a-boost/feed/ A Google-a-Day Puzzle for May 17 http://financegeek.com/a-google-a-day-puzzle-for-may-17/ http://financegeek.com/a-google-a-day-puzzle-for-may-17/#comments Thu, 17 May 2012 04:59:06 +0000 wiredtechbiz http://financegeek.com/a-google-a-day-puzzle-for-may-17/ Google’s daily brainteaser helps hone your search skills.




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]]> http://financegeek.com/a-google-a-day-puzzle-for-may-17/feed/ J.C. Penney Is the New Sears: Ron Johnson Has Done “Incalculable Damage,” Davidowitz Says http://financegeek.com/jc-penney-is-the-new-sears-ron-johnson-has-done-%e2%80%9cincalculable-damage%e2%80%9d-davidowitz-says/ http://financegeek.com/jc-penney-is-the-new-sears-ron-johnson-has-done-%e2%80%9cincalculable-damage%e2%80%9d-davidowitz-says/#comments Wed, 16 May 2012 16:09:05 +0000 yahootechticker http://financegeek.com/jc-penney-is-the-new-sears-ron-johnson-has-done-%e2%80%9cincalculable-damage%e2%80%9d-davidowitz-says/ Follow The Daily Ticker on Facebook! J.C. Penney (JCP) shares tumbled Wednesday after the retailer reported a much wider-than-expected first-quarter loss, suspended its dividend and saw weakness across all core metrics. In an apparent rebuke to new CEO Ron Johnson’s strategy to change the company’s focus from discounts to everyday low prices, total sales fell [...]

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]]> http://financegeek.com/jc-penney-is-the-new-sears-ron-johnson-has-done-%e2%80%9cincalculable-damage%e2%80%9d-davidowitz-says/feed/ Facebook Privacy Concerns: A Majority of Facebook Users Don’t Trust It http://financegeek.com/facebook-privacy-concerns-a-majority-of-facebook-users-don%e2%80%99t-trust-it/ http://financegeek.com/facebook-privacy-concerns-a-majority-of-facebook-users-don%e2%80%99t-trust-it/#comments Wed, 16 May 2012 15:49:05 +0000 yahootechticker http://financegeek.com/facebook-privacy-concerns-a-majority-of-facebook-users-don%e2%80%99t-trust-it/ Follow The Daily Ticker on Facebook! Demand for Facebook (FB) shares is heating up ahead of its initial public offering, which is expected to take place Friday. The company announced Wednesday it is offering 25 percent more shares for investors to purchase. Facebook is now set to sell 421.3 million shares, up from 337.4 million, [...]

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]]> http://financegeek.com/facebook-privacy-concerns-a-majority-of-facebook-users-don%e2%80%99t-trust-it/feed/ Why Renting Works in a Buyer’s Housing Market http://financegeek.com/why-renting-works-in-a-buyer%e2%80%99s-housing-market/ http://financegeek.com/why-renting-works-in-a-buyer%e2%80%99s-housing-market/#comments Wed, 16 May 2012 14:09:05 +0000 yahootechticker http://financegeek.com/why-renting-works-in-a-buyer%e2%80%99s-housing-market/ Follow The Daily Ticker on Facebook! Americans have a lot of questions about the housing market. Has the housing market bottomed? When will home prices start rising? Should I buy or rent? Jack Otter, executive producer of CBS MoneyWatch, explores some of these questions in his new book “Worth It…Not Worth It?” The real estate [...]

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