Eugene David
...The One-Minute Pundit

Friday, July 30, 2010


Facebook Said to Put Off IPO Until 2012 to Buy Time for Growth

TRANSLATION: With luck this will be worth as much as MYSPACE is.

SharesPost values Facebook at $24.9 billion, more than double its value in March.

THIS from the Web site of the same rag that boasted THE DONALD was worth QUADRILLIONS. New owner, same rag.

Mommy, what is a SharesPost? Is that like a tooth fairy?

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