Dave is WINNING and this is why....Save this post or lock it in your brain....again just using facebook as his template its only a matter of time before the market digests this news BECAUSE YES MUCH BIGGER OFFERS TO COME....AND YES DAVE WILL TURN THEM DOWN TOO!!
Keep in mind the HYPER GROWTH factor INT is experiencing, notice in the timeline of FB below, in April 2007 they had 20mill users, then they launched the mobile app and BANG in October they had 50mill users. Right at this point in FB's life this event occurred and an evaluation was given....
On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million, giving Facebook a total implied value of around
$15 billion
· NovemberFacebook launches Facebook Ads
· OctoberFacebook reaches over 50 million active users
Facebook launches Facebook Platform for Mobile
Facebook and Microsoft expand advertising deal to cover international markets; Microsoft takes a $240 million equity stake in Facebook
· JulyFacebook acquires startup Parakey
· MayFacebook launches Marketplace application for classified listings
Facebook hosts F8 event to launch Facebook Platform
Facebook Platform launches with 65 developer partners and over 85 applications
· April Facebook reaches 20 million active users
Facebook updates site design and adds network portals
· MarchFacebook reaches over 2 million active Canadian users and 1 million active UK users