RE: Growth Projections mystery investor... those projections are way off.
$2.28 per user 107 million users = $243,960,000
divide by 322 million shares Outstanding and you get a current price to INT at $.76
$5 per user = $1.66
$10 per user = $3.32
That's current valuation. May be slightly lower on fully diluted but those numbers are way too low. Yes, the current valuation of $210million gives us exactly .65 cents but my feeling, echoed by the recent report, is $10 per user is reasonable. Most other recent IPO's have fetched over $50 per user and facebooks is looking to be much higher than that.
I don't think we are facebook but we are definitely in the range of 1 10th of facebook.
Thoughts?
tweb