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-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- I'm not -- -- curveball the start you've seen so many tech IPOs do you think FaceBook doubles on the first day does it triple on the first day.
Does -- fall short.
I don't think it's gonna fall short I think the demands can be very strong I can't really save it's gonna double or triple.
In fact I think the best thing for FaceBook would be a very solid but not outstanding first day of trading so.
2030 maybe 40%.
But the problem is if it doubles or triples in the first stated expectations are gonna be set so high.
That I just don't know if they're gonna be able to -- to meet them in the near term the al-Qaeda you've sold the stuff before what could be worst Mark Zuckerberg shows up.
But he doesn't take the stage or Mark Zuckerberg failed to show up today in Silicon Valley.
I'd say that he if he shows up and does not take the -- that would be worse I think he's he's been such that.
I think he's been such that the face of the company that he's got to show up and he's got to show that he is going to play the game with Wall Street he's gonna be open and honest and available to investors you're working there asking them to pay a lot of money for this year suggest net now -- -- we got 900 million users and that's what you're buying FaceBook for.
Another -- -- Mark Zuckerberg with 57% I think voting control it's the company too dependent on him -- he got hit by a bus tomorrow.
Does the company suddenly this worth only half as much.
I don't think so he he's done an incredible job navigating these very tricky waters there's no analogy for FaceBook in the history of American business and I think he's exceeded almost everybody's expectations for guys still only 27 years old.
But they've done a nice job of filling out the management team with some very experienced very Smart people.
And so -- still extremely important of the company I think both on a daily basis and also obviously from an ownership perspective.
But I think they vest filled -- the team enough such that if you were to leave for whatever reason that they would still survived -- -- we have four billion dollars -- revenue annually so far hundred billion dollar valuation.
If you look at advertising which is -- you think most their money but don't like a seventy billion dollar market for online ads what other revenue streams will they need.
Well it's a great question that really is something that people are gonna drilling down into in terms of what is that -- business model look like not just today about in the next year 3510 years the long term play here.
And so they really are gonna need to -- Have some additional revenue streams on mobile.
It be extremely.
Just targets for for what they're able to -- on the e-commerce side and yeah it nobody really knows and internationally still going to be a huge issue there they're not really.
Doing as much they can and actually they're gonna have to -- and that he may and that and Amazon alright Peter probably thanks very much congratulations on -- -- on your -- Bank.
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