I completely agree, but one point that he briefly mentions that I think is even more interesting is the idea of a Facebook IPO.
Consider that Facebook isn't going anywhere (most likely) and will be a major company for a long time. That still doesn't change the fact that if they've already done all of the their major growing (user-wise, I'm assuming that they will continue to look for new revenue sources), their IPO could be a significant letdown for investors if there is simply no where to go but flat.
That said, I don't know any more (or less) that this guy..
Yeah, at this point why would they IPO (except to get rich[er], of course)? Obviously they could grow in some unforeseen way, but if they don't have an ace up their sleeve, what business reason would they have for needing additional capital?
Well, there may or may not be a pressing business need for capital, but I'm sure a lot of the current shareholders would see an IPO as a good exit.
I suppose it's possible that facebook could still be acquired, but given how large they are, and the huge amount of cash/stock it would require to buy them, that seems unlikely to me.
Consider that Facebook isn't going anywhere (most likely) and will be a major company for a long time. That still doesn't change the fact that if they've already done all of the their major growing (user-wise, I'm assuming that they will continue to look for new revenue sources), their IPO could be a significant letdown for investors if there is simply no where to go but flat.
That said, I don't know any more (or less) that this guy..