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FRiDaY AFTeRNooN MeMe...(UPDATED)

williambanzai7's picture




 

Y U NO BUY GUY

.
THE ZUCKERBURG DISASTER

 

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Fri, 05/25/2012 - 18:30 | 2463901 moofph
moofph's picture

...faceCrook.

Fri, 05/25/2012 - 18:22 | 2463881 MikeMcGspot
MikeMcGspot's picture

Capitalism and facebook,
This company just got a massive infusion of capital.
They have one of the largest user bases on the planet.
The question that comes to my mind is “what are they going to do with it”?
I see a tremendous opportunity for them to leverage the user base and huge funding to ramp up R&D start on a serious path to providing value. Here is where I see a few things they can work on.
1. Information privacy and security.
2. Localization of markets.
3. They need to get in the hardware business, smart phones/tablets. Dell?
4. Take some lessons learned from Amazon, Google, Oracle, IBM, Microsoft, take it to the next level.
Anyway now that they are public, they have to start reporting. I would be most interested in seeing their critical path, strategic plan, the portfolio of projects they have in mind. I will likely buy a few shares after the dust settles so I can get the annual report.
How will they step up and meet their fiduciary responsibility to shareholders. Or not.
Zuckerberg and Co are still young, they have a ton of funds and one of the largest user bases on the planet.
The IPO sans lawsuits is over, if they start transforming this thing with the massive infusion of money they just got, they can silence the voices.
I got no problem flaming anyone I don’t trust.
Mostly I want folks to just step up to the plate and perform.
There is a new sheriff in town called me.
I will reserve judgment but hold them accountable, after I pick up a few shares next week.
All the best!

Fri, 05/25/2012 - 19:25 | 2464004 lotsoffun
lotsoffun's picture

big guy.  conquer.  i hope you like really conquer.

me.  i'm bored.  i'd like to go for a walk tomorrow, by some fresh bread and some grocerys, make some bacon and eggs for my kids, think about what we will do on a sunny day.  i like being bored.  i like not having to worry about if i will make billions and what i would do with it.

i wish you the best with your billions.  i'm sure you will get there.

 

Fri, 05/25/2012 - 18:11 | 2463865 MikeMcGspot
MikeMcGspot's picture

 Capitalism and facebook,

This company just got a massive infusion of capital.

They have one of the largest user bases on the planet.

The question that comes to my mind is “what are they going to do with it”?

I see a tremendous opportunity for them to leverage the user base and huge funding to ramp up R&D start on a serious path to providing value. Here is where I see a few things they can work on.

1.   Information privacy and security.  

2.   Localization of markets.

3.   They need to get in the hardware business, smart phones/tablets. Dell?

4.   Take some lessons learned from Amazon, Google, Oracle, IBM, Microsoft, take it to the next level.

Anyway now that they are public, they have to start reporting. I would be most interested in seeing their critical path, strategic plan, the portfolio of projects they have in mind. I will likely buy a few shares after the dust settles so I can get the annual report.

How will they step up and meet their fiduciary responsibility to shareholders. Or not.

Zuckerberg and Co are still young, they have a ton of funds and one of the largest user bases on the planet.

The IPO sans lawsuits is over, if they start transforming this thing with the massive infusion of money they just got, they can silence the voices. (how you going to bitch about something if you share value is going up?)

I got no problem flaming anyone I don’t trust.

Mostly I want folks to just step up to the plate and perform.

There is a new sheriff in town called me.

I will reserve judgment but hold them accountable, after I pick up a few shares next week. Thanks for vision William.

All the best!

 

Fri, 05/25/2012 - 17:38 | 2463797 williambanzai7
williambanzai7's picture

PITIFUL EARTHLINGS

Fri, 05/25/2012 - 20:56 | 2464186 Escapeclaws
Escapeclaws's picture

Wow! You really captured his essence, but what's this "Pitiful Earthlings" business?--I don't get it.

Fri, 05/25/2012 - 22:46 | 2464404 williambanzai7
williambanzai7's picture

He's an evil alien

Fri, 05/25/2012 - 20:40 | 2464160 WaterWings
WaterWings's picture

Genuine LOL.

Fri, 05/25/2012 - 16:56 | 2463707 Frastric
Frastric's picture

Ziggy Draghi and the Printers from Mars! Or trash Mervyn King! This oath is responsible for causing the inflation which started England's recession!

Fri, 05/25/2012 - 16:54 | 2463702 Downtoolong
Downtoolong's picture

Y U No Buy Guy

Perfect.

The Facebook IPO confirms that Wall Street has collapsed on itself and is no longer capable of its primary purpose; to efficiently raise capital for businesses and corporations.  Apparently this Facebook IPO was too big for them not to fail. Scared off by risk and unfairness in the structure and trading practices of the IPO markets, true long term and retail investors have left the building. All we have left, even in large new issues like Facebook, are short term distributors, traders, speculators, and a few hedge funds, all playing with themselves. As I predicted would be the case clear back in 2008, that’s pretty disgusting to watch. But, somehow I can’t take my eyes off it.

Sat, 05/26/2012 - 07:13 | 2464925 StychoKiller
StychoKiller's picture

Kinda like watching a ball of garter snakes, you know what they're doing but the writhin' and wigglin'...

Fri, 05/25/2012 - 17:01 | 2463719 williambanzai7
williambanzai7's picture

I French wonder how many similarly minded people stood and shook their heads at what happened pre-1929. I'm sure there were many who knew better but could do nothing.

Sat, 05/26/2012 - 02:56 | 2464729 williambanzai7
williambanzai7's picture

I don't know how my spell check turned often into French, at 5 am...

Fri, 05/25/2012 - 20:08 | 2464097 RoadKill
RoadKill's picture

Back then it was MUCH harder to actually do something.  You didn't have the wide avalibillity of options and short ETFs we have today.

And back then people made the same mistake many people on ZH are making today.  They bought PMs in a massive global deflationary environment.

Fri, 05/25/2012 - 16:46 | 2463686 MikeMcGspot
MikeMcGspot's picture

Lovely image, all that hydrogen with oxygen uniting to form water in conflagration.  

  Says so much about so many things these days.

Thank you so much William for this and all your other great artfull insights and lampoons.

Just finished payroll, my people are working there ass off and making me profit, gave everyone a bonus, and slipped a 1 OZ AMPEX silver round from my personal stash into their pay envelope. They hardly noticed the bonus which was much more than the silver piece, but it was the silver that really lit the eyes up and comments “Wow an ounce of silver!”  

Got to ask my tax accountant how I can make this a regular form of incentive and how to write it off if I can.

Enjoy the Memorial day weekend ZH, on a long enough timeline we aught to be able to have some great fun!

 

Fri, 05/25/2012 - 21:15 | 2464219 Alhazred
Alhazred's picture

As a fellow man with an McG in my name my hat goes off to you for the great idea of the silver rounds. I wager they were far more motivational than the cost.

If your not insulted, I think I will steal the idea. ;)

The best form of flattery and all that.

Fri, 05/25/2012 - 20:05 | 2464088 SwingForce
SwingForce's picture

Makes me think about the old days, when you wanted to incentivize your employees, not screw them out of benefits or pay. The bottom line in business is, the more they produce, the more the owner make$. Its a team, I'm glad this guy gets it. His EE's will be loyal and bust thier butts for him. THAT"S the way it should be done, everybody winz. 

Nice job Mike McGspot, Happy Memorial Day.

Fri, 05/25/2012 - 16:50 | 2463696 williambanzai7
williambanzai7's picture

Wow, maybe I should work for you. There is still hope for true capitalism.

Fri, 05/25/2012 - 19:30 | 2464012 lotsoffun
lotsoffun's picture

mike mcGspot is really like spot on, the like awesome like kind of guy to work for.  and if any of us don't know how to find a gspot, he does.  and slip me some silver too.  ;)

wb7 - you would be very lucky to work for an overlord as kind as he is, and your family would be bending at the waist in thanks.

 

Fri, 05/25/2012 - 16:45 | 2463683 ali-ali-al-qomfri
ali-ali-al-qomfri's picture

Nice work WB7/ZH

‘…..Oh to live on Sugar Mountain, with the Moron Stanley’s and the colored balloons

You might reach $20, On Sugar Mountain, here's hoping that you sell real soon…..’

Fri, 05/25/2012 - 16:28 | 2463626 world_debt_slave
world_debt_slave's picture

let the zuckering continue

Fri, 05/25/2012 - 16:16 | 2463600 resurger
resurger's picture

you no buy guy ...

hahaha

i lauffed enuff today, Fuck you Banzai ^ ^ (.sarc)

Fri, 05/25/2012 - 16:07 | 2463566 Wakanda
Wakanda's picture

DeBT ZeP is fill with H

Y U no fill with He?

Sumthin's gonna go BooM!

Fri, 05/25/2012 - 15:53 | 2463519 TulsaTime
TulsaTime's picture

Oh, the humanity?

Fri, 05/25/2012 - 15:55 | 2463525 williambanzai7
williambanzai7's picture

Insanity

Fri, 05/25/2012 - 16:04 | 2463558 metastar
metastar's picture

Calamity

Fri, 05/25/2012 - 16:08 | 2463570 Wakanda
Wakanda's picture

Reality?

Fri, 05/25/2012 - 18:18 | 2463873 moofph
moofph's picture

...chicanery.

Mon, 05/28/2012 - 08:41 | 2468850 wackyquacker
wackyquacker's picture

...buttf*ckery

Fri, 05/25/2012 - 20:40 | 2464156 WaterWings
WaterWings's picture

I gave this MFer my identity!?

Fri, 05/25/2012 - 20:03 | 2464083 FEDbuster
FEDbuster's picture

"Corzined"

or

"Zucked"

Fri, 05/25/2012 - 16:29 | 2463633 skepticCarl
skepticCarl's picture

There is a limerick writing itself in here.

Fri, 05/25/2012 - 15:51 | 2463501 williambanzai7
williambanzai7's picture

The most important lesson about this issuer/name?

This company is controlled by a guy who admits by his actions, that he does not give a rat's ass about his shareholders. Zuck has a character flaw. He just does not give a shit about anyone but himself and his company, when you look at the history of everything it has done, embodies the same flaw. He treats his users like garbage and he will do the same for his shareholders.

If you are foolish enough to inhale the hopium and buy in, you deserve the rheeming that you get. And anyone who has an IA who recommends this stock, should fire that person immediatey.

This of course is not investment advice I am giving; it is common sense.  

Fri, 05/25/2012 - 20:17 | 2464118 RoadKill
RoadKill's picture

I'm not sure we should disrespect the guy for not caring about his shareholders.

He didn't want to go public!  The banks BEGGED him to so their clients could speculate on his stock.  At least he was honest and told everyone that he would always keep voting control and ignore what they wanted.

The funny thing is watching all these "analysts" come up with outrageous 5+ year plans for how Facebook can monetize its assets.

But Zuck hasn't signed off on any of it.  Even if he looses 90% of his wealth, he still has pleanty.  And he still has his company.  If you sell 49% of a company that will never pay a dividend, then you really sold 0% and got a bunch of free money!

But like I said - at least he's honest about it!

Fri, 05/25/2012 - 16:44 | 2463680 Gully Foyle
Gully Foyle's picture

williambanzai7

"This company is controlled by a guy who admits by his actions, that he does not give a rat's ass about his shareholders. Zuck has a character flaw. He just does not give a shit about anyone but himself and his company"

And that is called Will To Power.

The greatest flaw that the most successful people have is their inability to consider anything other then their own needs and goals.

Do you think Genhis Khan gave a shit about the rank and file? How about the First Emperor of China, you think he worried about all the people he crushed to acheive unification?

Durant: Is it a villain you want? I'll play the part. After all, what is a drama without a villain? What is the building of this grand road if not a drama? This business is not for the faint of heart. It is a thorny, brutal affair that rewards the lion for his ferocity. But what of the zebra? What of the poor zebra? Well, the zebra's eaten, as the zebra should be. Make no mistake, blood will be spilled, lives will be lost, fortunes will be made. There will be patrail and scandals, and perfidy of epic proportions, but the lion - shall - prevail! You see, the secret I know is this. All of history is driven by the lion. We drag the poor zebra, kicking and braying, staining the earth with its cheap blood. History doesn't remember us fondly, but then history is written by the zebra for the zebra. One hundred years hence, when this railroad spans the continent, and America rises to be the greatest power the world has seen, I will be remembered as a caitiff, a malefactor, a lone wolf who operated out of greed for pure personal gain. All true, all true, but remember this: without me and men like me, your glorious railroad would never be built.

Fri, 05/25/2012 - 17:02 | 2463722 williambanzai7
williambanzai7's picture

Yes, The Will to Power and the slaughter of the sheep.

I doubt Zuckerberg read the book, it's just in his nature.

Fri, 05/25/2012 - 17:58 | 2463828 Gully Foyle
Gully Foyle's picture

williambanzai7

And so it goes.

Only the cutthroat make it big.

(Have you seen Warriors of the Rainbow Seediq Bale? I'm still debating what the point is. Mouno Rudo really didn't acheive much. In somewhere around the 1500's to 1600's, there was a Carribean Indian who fought the Spanish for something like forty years. He got tired of fighting and settled for peace for his people. The Seminole still haven't been defeated. But Mouno Rudo had the same type of self centered vision all great leaders do.)


Fri, 05/25/2012 - 16:14 | 2463590 Arnold Ziffel
Arnold Ziffel's picture

"He treats his users like garbage and he will do the same for his shareholders."

 

How does that differentiate him from the other CEOs on Wall Street?

Fri, 05/25/2012 - 16:39 | 2463662 williambanzai7
williambanzai7's picture

Not much, but here we are talking about a startup company that has completed a record IPO, based on a record valuation bubble and it has a global user footprint that is being exploited and used to justify the price.

There has never been anything quite like this. Although one could argue that there are distinct similarities with the great bubbles And manias of history. Most of which turned out to be hollow schemes in the end.

Fri, 05/25/2012 - 16:47 | 2463691 AlaricBalth
AlaricBalth's picture

South Sea FaceTulipBook

Fri, 05/25/2012 - 16:52 | 2463701 williambanzai7
williambanzai7's picture

Yes, if you go and look at the list, it has Facebook written alll over it, and everyone in the business knows it.

Fri, 05/25/2012 - 16:27 | 2463625 dexter_morgan
dexter_morgan's picture

If he were a Wall Street CEO, it wouldn't differ any. I hate to think all CEO's (even those not on Wall Street) are that bad.........but then again........

Fri, 05/25/2012 - 16:08 | 2463575 greyghost
greyghost's picture

william, first off, thanks for the great work. always need a good laugh with all the crap flying these days. i find that all of society has the zuck attitude. hell even the local pbs station has the ceo continueing to collect his paycheck after being caught with his fingers where they didn't belong...that is good until dec. this year. my god even my grandson's baseball league had the mother and daughter tag team the league monies for trips to las vegas to the tune of forty thousand. local cops couldn't find them two cities over...one of the mothers had to show the cops how to use facebook to find them...good lord. is that not just painful? who's dumber the cops or the thieves using facebook to tell everyone where they live!!!!!!!!

Fri, 05/25/2012 - 16:32 | 2463652 williambanzai7
williambanzai7's picture

What you say is true, that is why I think this Facebook debacle warrants lots of attention. It will be seen as a historic metaphor.

Fri, 05/25/2012 - 19:40 | 2464028 lotsoffun
lotsoffun's picture

wb7 - this equal to lehman and bear and merrill. it might take some time to play out. zuckberg stepped in sht and wall st. picked up as the last chance to zip the retail investors. they know that well. we do too. now, it's all about when (timing). i'm sad, because i wish the best for humanity. but it's not going to be pretty. yes- facebook will be a textbook example of investing euphoria in a few years.

Fri, 05/25/2012 - 16:03 | 2463552 metastar
metastar's picture

In his own words ...

Zuck: Yeah so if you ever need info about anyone at Harvard

Zuck: Just ask.

Zuck: I have over 4,000 emails, pictures, addresses, SNS

[Redacted Friend's Name]: What? How'd you manage that one?

Zuck: People just submitted it.

Zuck: I don't know why.

Zuck: They "trust me"

Zuck: Dumb fucks

 

Ref: http://www.theregister.co.uk/2010/05/14/facebook_trust_dumb/

Fri, 05/25/2012 - 16:29 | 2463632 AlaricBalth
AlaricBalth's picture

Zuck is the Lord of the Flies.

http://www.youtube.com/watch?v=TeUflWkYPTI

"Serve you right if something did get you, you useless lot of cry-babies!" He says to the bankers!!!

Fri, 05/25/2012 - 15:37 | 2463482 billsbest
billsbest's picture

This is a good lesson to learn from when the Guvmint dictates to what you MUST buy when take over our IRAS/401kS...

Do NOT follow this link or you will be banned from the site!