Because he’s a hypocritical tax dodger.

And we’re off

I don’t care, I’ll begrudge the s**t out of that. It takes money to make money, the rich won’t stop getting richer while the rest of us struggle with levies, taxes and the crappy USC.

So Bono, Edge and Zuckerberg have always been rich?

No Sean, but currently are and fair play to them for that. What I’m commenting on is that when your rich the ratio of future incomes to current net worth seems exponentially higher than someone on average wage. It’s not breaking news but frustratingly true.

Frustratingly true but not necessarily unfair, as some would make it out to be. Zuckerberg and Sandberg made a great website, Bono and The Edge made a smart investment in said site – none of which we can begrudge any of them for. Though I will say I think that Elevation Partners got lucky with this one, their previous track record with Palm/WebOS et al hasn’t been spectacular.

Now ,you planted the seed!

Bono said he tried to pay tax to the Irish government but couldn’t find revenue
because the street had no name.

@begrudgery have we learnt nothing from the past you don’t need money to buy shares! Ya can borrow a truck load and sure don’t buy the shares… Ya leverage the borrowed cash on a contract for difference and sure what’s the worst that could happen! If ya lose sure the rest of us can pick up the tab we are happy to ;)

Agreed. It’s a bubble. Usage statistics are already in decline and will plummet further when they roll out integrated news feed advertising at the end of the year. Would not buy this stock even if I could!

Invalid comparison, but an inadvertently fair point. Look at how well the LinkedIn shares are doing…

Google have a product. Facebook have a popular website. Massive difference.

Products can be bettered, Eg: Chrome v’s IE & Firefox, Every company tries to better a product, A Massive social network is hard to copy or better as google+ has proven.

CPM… Remind me again of what google actually was when it started out? What’s that you say? A popular website? ;)

Also want to add EVERY smart TV, Smart Blue Ray player and Xbox now have facebook built into them. The first two haven’t took off yet, In a few years everyone will have one

Good man Tom. Tell that to AOL, bought Bebo for $850m, and sold for almost a tenth of that. If I were Zuckerberg or your one, I’d sell the shit out of my holding. It’s not as if either of them have any executive authority now anyway.

My point being, it’s horrendously over valued. We have seen this pattern before. It doesn’t mean we should shy away from investment, but we should know when the bubble is expanding.

Google are a bit more than a web company now. Licensing of the Android software is printing money for them, especially considering the versatility of it. Like Tom said above – TV’s, tablets, phones… Hell, even some home appliances run on Android. Never mind their other projects, like their office software (Gmail, Docs, Calendar, Chrome OS, Google Apps) or their driverless cars. They are the new Microsoft essentially, having evolved into a software company.

Can’t see where Facebook can go outside the web to be honest. Maybe they can go further than Google could in terms of target ads and crowdsourcing but that’s forming less and less of Google’s business and is a somewhat limited market.

Beginning to wonder when this web bubble will burst…

All points taking on board. Myself I think facebook is gone too far now to ever be challenged. Bit like youtube. If you want to watch a video on the internet you’ll go straight to youtube, If someone wants to open up a social network account they will pick facebook. Bebo died because facebook took over same as myspace

http://apps.facebook.com/gooogleplus/ (ignore the name googleplus) took 5 minutes to do, I can see facebook pushing the likes of this shortly. Most websites will integrate with facebook

Not at all so confined, investors are throwing money at any and every web start-up out in Palo Alto, thinking they’ll be the next Facebook or Google. It’s a joke.