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Norb Vonnegut
Norb Vonnegut
"If anybody can turn international finance and hedge funds into a riveting thriller, it's Norb Vonnegut." (Jeffery Deaver) When the money talks…I listen. And I write about what happens behind the scenes in the bare-knuckled world of finance. THE TRUST, THE GODS OF GREENWICH, TOP PRODUCER.
 

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Posted in Business / Finance / Investing

Wiki-Valuations: The Inside Skinny on $50 BN for Facebook

Jan. 3, 2011 12:35 pm
Categories: Musings

Leave it to the Internet.

Goldman Sachs just awarded a $50 billion valuation to Facebook. And in a shrewd branding maneuver, the storied financial behemoth is offering its high-net-worth clients the option to co-invest in the world's leading social media site.

Is the investment opportunity exclusive? Absolutely. Will there be a fee? You bet.

Before investors jump in with their big boots, however, I encourage them to review the groundbreaking analysis—which I unearthed over at Herding Cats. This chart debunks the $50 billion valuation and even suggests some New Year's resolutions if you're late to the 2011 party.

Norb Vonnegut

 
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New Book Exposes Darwin's Greatest Secret

In his new book Nullius in Verba: Darwin’s Greatest Secret, Thinker Mike Sutton reveals in compelling and convincing detail that the theory of natural selection was not independently discovered by Charles Darwin.

Sutton’s sharp objective eye of the criminal investigator and academic creates a vivid and authentic depiction of the times, the characters, and the cover-up that endured for over 130 years – until now.

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