TechCrunch: Quora Signups Exploded In Late December — Then Doubled From That This Week – Quora’s hitting the mainstream globally and that’s reflected in Southeast Asia as well. Indonesian users are discovering it and signing up in droves. A story on that to come. (WJI)
More Goldman-Facebook stuff – Business Insider has Goldman’s pitch letter for its special Facebook investment vehicle, and Henry Blodget analyzes the deal from Goldman’s point of view. The consensus is building that Facebook is delaying an offering with the Goldman move to prevent employees from getting too rich off privately traded shares, but Goldman has first dibs on an IPO. Sarah Lacy at TechCrunch, who famously interviewed Zuck, reinforces those notions. (WJI)
Paid Content: Zynga Buys Social Browser Developer Flock – Has-been social browser Flock is finally killed off in a sale to Zynga, which is white-hot again thanks to Cityville. Good move by the Zynga guys to snap up that social browsing talent. (WJI)
The Daily Beast: Facebook’s $50 Billion Goldman Goldmine: Don’t Expect an IPO – David KirkPatrick bucks the trend, saying that Goldman’s Facebook investment is more likely to delay an IPO than accelerate it. He thinks Zuckerberg will use the cash to keep growing the company and adding users rather than take the personally disliked route of a public offering. My take is, it’s certainly possible, but IPOs have to be in sync with prevailing market conditions. If the winds look right with tech IPOs like Tudou in the NASDAQ pipeline, it will be difficult for Facebook investors not to agitate for an earlier, rather than later, offering. (WJI)
Business Insider: Social Network: Tech Bubble 2.0? – Business Insider calculates a PE ratio of more than 100 for Facebook at a $50 billion valuation on $2 billion in revenue. Compare that to Google’s 24x, Apple’s 22x and Baidu’s 83x. I think the Insider ‘bubble’ call is right. We’re going to see massive public offerings in the next couple of years, starting with the Chinese video-sharing sites Tudou and Youku. (WJI)
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