Instagram speculatively worth $35 Billion....keep in mind FB purchased em for a Billi

Ohene

Yeah HOE!
Joined
May 1, 2012
Messages
80,584
Reputation
7,500
Daps
142,001
Reppin
Toronto
:wow:
http://www.bloomberg.com/news/2014-...illion-84-above-prior-estimate-citi-says.html

Instagram, the photo-sharing app owned by Facebook Inc. (FB), is worth $35 billion, almost double its previous valuation, according to an analyst.

Instagram’s faster-than-expected user growth and increased revenue from advertising mean the company is valued at more than the $19 billion previously estimated, Mark May, an analyst with Citigroup Inc., said in a note.

“While Instagram is still early in monetizing its audience and data assets and its financial contribution to FB is minimal today, we believe that it is quickly gaining monetization traction,” May wrote, using Facebook’s ticker symbol. He cited “faster growth in its audience as well as continued monetization gains by social media properties.”

The estimate puts Instagram in the same realm as American Airlines Group Inc., with a market capitalization of $36.4 billion (AAL), and Kraft Foods Group Inc. (KRFT), at $37.2 billion.

May recommended buying Facebook shares and boosted his price target for the stock to $91 from $86.

Facebook shares rose 1.5 percent to $79.57 at 10:21 a.m. New York time. Through yesterday’s close, the stock had advanced 43 percent this year, topping the 12 percent gain of the S&P 500. The company, which also owns popular mobile applications including messaging service WhatsApp Inc., is valued at $222.9 billion.
 

Ohene

Yeah HOE!
Joined
May 1, 2012
Messages
80,584
Reputation
7,500
Daps
142,001
Reppin
Toronto
Crazy,

but anyone offering me $1billion for a company i'm selling that shyt in a heart beat idgaf lol
I'm sure a portion of the offer was in shares anyways.

FB's stock has tripledsince then so it helps.

Synergy's are the point of acquisitions though. Who is to say that the founder of Instagram wouldve been able to direct so much traffic to IG himself without the use of FB's huge user base. He def sold early, but you cant blame him because that was at the start of this social media bubble. I dont think anybody wouldve forseen the valuations these companies are getting nowadays
 

Ohene

Yeah HOE!
Joined
May 1, 2012
Messages
80,584
Reputation
7,500
Daps
142,001
Reppin
Toronto

Medio

All Star
Joined
Oct 15, 2012
Messages
4,022
Reputation
85
Daps
6,817
Reppin
New York

Ohene

Yeah HOE!
Joined
May 1, 2012
Messages
80,584
Reputation
7,500
Daps
142,001
Reppin
Toronto
who's murking Twitter?

twitter to me is the best social media site we've had yet
Twitter to me fell off.

But from a valuation standpoint its been trash. I think it IPO'ed at about $40 a share...went up to like 80 and now is sitting around $35.

Truth be told most of these companies are overvalued except maybe FB. I wouldnt invest in any of them except Flipboard maybe when it IPOs lol. There is no way Twitter is worth 20-30 billion IMO. Especially with only about 1.5 billion in revenue and an R&D program that dwarfs all its profit making ability.

Trash :camby:
 

Medio

All Star
Joined
Oct 15, 2012
Messages
4,022
Reputation
85
Daps
6,817
Reppin
New York
Twitter to me fell off.

But from a valuation standpoint its been trash. I think it IPO'ed at about $40 a share...went up to like 80 and now is sitting around $35.

Truth be told most of these companies are overvalued except maybe FB. I wouldnt invest in any of them except Flipboard maybe when it IPOs lol. There is no way Twitter is worth 20-30 billion IMO. Especially with only about 1.5 billion in revenue and an R&D program that dwarfs all its profit making ability.

Trash :camby:

hmm..

I'm beginning my new job next year and I'm going to to start investing probably mid year
I'm pretty interested and like social media but it has an unpredictably and fickle factor about it
 

Ohene

Yeah HOE!
Joined
May 1, 2012
Messages
80,584
Reputation
7,500
Daps
142,001
Reppin
Toronto
hmm..

I'm beginning my new job next year and I'm going to to start investing probably mid year
I'm pretty interested and like social media but it has an unpredictably and fickle factor about it
I got three words breh. Oil & Gas.

If youre investing long term, wait until Oil futures / Light Crude hit $50 a barrel and get the hell in. You will not lose.
 

Medio

All Star
Joined
Oct 15, 2012
Messages
4,022
Reputation
85
Daps
6,817
Reppin
New York
I got three words breh. Oil & Gas.

If youre investing long term, wait until Oil futures / Light Crude hit $50 a barrel and get the hell in. You will not lose.

Have you made $ of stocks

I'm going to do it my self on e-trade or something, my cousin does it in and dude has no job and made 3k in a year, not bad lol
 

Ohene

Yeah HOE!
Joined
May 1, 2012
Messages
80,584
Reputation
7,500
Daps
142,001
Reppin
Toronto
Have you made $ of stocks

I'm going to do it my self on e-trade or something, my cousin does it in and dude has no job and made 3k in a year, not bad lol
Made a lot investing in equities (Tesla, Amaya Gaming were my best picks). Lost more dabbling in options. :wow:

Starting my portfolio again in the new year. No more gambling in options though. Straight fundamental long term investing like I know how.
 

↓R↑LYB

I trained Sheng Long and Shonuff
Joined
May 2, 2012
Messages
44,203
Reputation
13,837
Daps
171,262
Reppin
Pawgistan
I probably woulda cashed out too. My black ass would have taken my bread, moved out the country, and ended up dying of some uncurable STD because please believe I'm fukkin raw from that point on :blessed:
 
Top