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Enderle Group President Rob Enderle on Facebook CEO Mark Zuckerberg’s sister Arielle Zuckerberg becoming a Google employee when the company bought W...
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That's is jumping Zuckerberg ship.
Turns out -- -- little sister.
Google buying up aerial Zuckerberg company announced his -- for the competition.
And when Zacks dot you know the other -- stop the word she did not comment and -- but take a look at what she did.
Took to Twitter saying can -- wildfire that's a company that.
You know basically global -- -- officially now more Zuckerberg family members working for global then FaceBook.
Hash tag -- word.
Tech expert rob -- -- says suffered -- getting out while again is still at least sort of good what do you make of this development.
Well -- and it had a -- and it showcases that FaceBook really -- a great place to be at the moment.
And that does sector -- if nothing else is a lot -- his family to go find other homes.
It is ironic that those other homes are probably Facebook's biggest competitor which is.
Which is that which is Google book but do recognize that this massive drop in in valuations since the IPO.
Is putting a massive amount of pressure on everybody at FaceBook -- mean if you think about it.
A FaceBook is now lost about as much money is Bernie Madoff stole so that so the it's -- ones illegal the others not but both destroyed a substantial amount of financial value and and it and it at a very fast rate.
So you can certainly understand why he had maybe Zuckerberg would just as soon as family members be -- distance away from him -- the assembly members would just as soon be that this.
Yeah Icelandic clear it's his brother in law Mark Zuckerberg -- -- -- now his little sister working.
Act -- -- -- is kind of weird that the sister put up that tweet about it.
They're basically giving an -- shot to Mark Zuckerberg what does -- tell you about the family dynamic here.
Well it you know a lot of times and people get -- wealthy is as some Zuckerberg got.
They tend to alienate the rest of their family who feel they ought to be giving them more help for sharing the wealth or whatever.
And often that doesn't happen in the most dramatic of course who -- with Steve Jobs.
Who never even wanted to meet with his biological father as far as -- -- never did before he died and really -- Dick -- -- care of his parents.
-- is sub as biological as first biological daughter so that.
So -- get that kind of -- that kind of very weird dynamic between those folks that are rapidly wealthy and and very powerful and -- -- and their respective families I think it's probably reflects -- -- -- that's going on here.
You know they I think too is that sort of -- in this debate is there -- of the word in the market is that you know Google has always had FaceBook and -- and it's always been trying to -- its -- social networking site.
That's not getting a lot of traction here right so the fact that it's Google and FaceBook I think as -- out of debt and level of -- to this hold.
Controversy of this you know the sister basically attacking the brother Mark Zuckerberg right.
What does that mean break.
-- -- on the social networking site Google+ has been aware successful as Facebook's -- but on the other hand in terms of financial performance.
Google came out went up and can -- continued to go up they plateaued for awhile.
But generally you could say pretty measuring but he got into Google least initially made a ton a money FaceBook.
Only the initial investors made money it but it came in after the IPO lost money probably lost their savings.
So a big difference in terms of the financial performance of the two companies and how you would measure their success.
Google is clearly a success.
I think he might argue that Facebook's really kind of on the edge of being a failure and in terms of IPOs.
Probably the most disastrous IPO I've ever seen.
That's certainly the most disastrous IPO yet in a lot greater self self -- a nosedive so quickly.
Sir where do you see FaceBook stock ending up.
Well I've always like FaceBook sub twining.
And that's why I think it's headed at they don't fix their problem -- -- -- drop well below sixteen where I think it's a buy.
But that but the about right now I think Facebook's headed down the -- -- -- and I and I and soon after the IPO I took that position so that so I think the reality here is that that FaceBook is still trading at a premium.
Largely due to the fact.
That is financial futures very uncertainty -- they've just not worked out the advertising revenue all right rob and nearly tech analysts said -- debated to answer thank you very much for your time.
