tag:blogger.com,1999:blog-4740849900073154554.post137179683248257936..comments2023-08-25T17:30:36.937+05:30Comments on Business Musings: The curious public reaction to Facebook IPORameshhttp://www.blogger.com/profile/11782192840421019943noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-4740849900073154554.post-721195671506362072012-06-04T08:29:21.344+05:302012-06-04T08:29:21.344+05:30@Vishal - The most puzzling thing about markets is...@Vishal - The most puzzling thing about markets is "sentiment". I suppose that is a nicer word for a herd of brainless buffaloes going in the same direction !!<br /><br />@sriram - Thanks for posting it and referring to it here.Rameshhttps://www.blogger.com/profile/11782192840421019943noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-44742739036689998282012-06-04T05:43:17.553+05:302012-06-04T05:43:17.553+05:30Hey, perhaps Ramesh was planning to share his &quo...Hey, perhaps Ramesh was planning to share his "guest post" at my blog after I posted it ... In any case, <a href="http://sriramkhe.blogspot.com/2012/06/indian-tocqueville-comments-on.html" rel="nofollow">here is Ramesh's take</a> on some of the American political and election issues ...<br><br />Thanks for sending it my way, RameshSriram Khéhttps://www.blogger.com/profile/06724218458246880137noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-5593508550738183632012-06-03T23:19:58.253+05:302012-06-03T23:19:58.253+05:30Alas! sentiments rule the stock market and as good...Alas! sentiments rule the stock market and as good economics says, sentiments does not earn money necessarily. In some cases, not even sympathy... seems like one such case, this FB saga!Vishalhttps://www.blogger.com/profile/09901902300962335348noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-89085839171080921952012-06-03T09:17:45.798+05:302012-06-03T09:17:45.798+05:30@Zeno - Ah well; I'll grant some small use of ...@Zeno - Ah well; I'll grant some small use of Facebook :)<br /><br />Really - there's a book fair there ?? Well the town produces mostly studious types (like sriram !) with yours truly being the only exception who would rather play sports.Rameshhttps://www.blogger.com/profile/11782192840421019943noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-1266072706320749312012-06-02T23:36:38.055+05:302012-06-02T23:36:38.055+05:30whoa whoa not only FB helps in connecting people e...whoa whoa not only FB helps in connecting people even an FB post helps in connecting people Mark Z jai ho :P :D<br /><br />Boss,<br />Neyveli and blogging not going well. Hmm I hear the Neyveli Book fair is most important. Though it may not give good sales people say it helps to reach out to wider audience (more like knowledgeable chennai crowd :))Appuhttps://www.blogger.com/profile/11943787484240840432noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-82083272881118716462012-06-02T22:34:01.142+05:302012-06-02T22:34:01.142+05:30@Unknown - Indeed it is he. Now I am scratching my...@Unknown - Indeed it is he. Now I am scratching my head - more Neyveli folks around here ?? <br /><br />@Sandhya - Yes it is complex, but you are doing yourself a disservice. You are one among the few who can disentangle the threads, and who can always be counted on to do the right thing. More power to you.Rameshhttps://www.blogger.com/profile/11782192840421019943noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-41194952672921660622012-06-02T22:23:05.739+05:302012-06-02T22:23:05.739+05:30now facebook consciously chose this new world righ...now facebook consciously chose this new world right.<br /><br />I sometimes feel completely lost in this new world. <br /><br />A group of shareholders can just oust a CEO who worked for a company for more than three decades in Generali.<br /><br />At the other end, we have seen so many people see their pension moneys vanish due to mismanaged companies <br /><br />Once considere to be a simple way of raising funds and investing small money, but then it has got so complex, so entagled, this world doesnt belong to the ordinary man any more. he is insignificant, cant do anything anyways and better leave this world to the greater mortals who you have spoken about in this post.Sandhya Sriramnoreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-80380980540624006312012-06-02T20:13:11.443+05:302012-06-02T20:13:11.443+05:30@Shachi @Ramesh
Perhaps this is Harish, the son of...@Shachi @Ramesh<br />Perhaps this is Harish, the son of Dasaratharama Reddy? He had a brother who was also at our school.<br />I don't know any of them other than by their names ...<br />But, I am excited at the remarkably few degrees of separation here ... Neyveli rocks :)Sriramhttps://www.blogger.com/profile/02431311456662037371noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-49741873315414921352012-06-02T04:20:47.187+05:302012-06-02T04:20:47.187+05:30@Ramesh - I have a close friend here who is from N...@Ramesh - I have a close friend here who is from Neyveli...his name is Harish Reddy and is 51yrs old...do u happen to know him? If yes, I can connect you to him :)Shachihttps://www.blogger.com/profile/05008713817905152623noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-48777146243120363932012-06-01T14:20:55.808+05:302012-06-01T14:20:55.808+05:30@Hema - Ever the poet !
@sriram - Alas no other N...@Hema - Ever the poet !<br /><br />@sriram - Alas no other Neyveli folk here . Apparently Neyveli water and blogging don't go together !!Rameshhttps://www.blogger.com/profile/11782192840421019943noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-82817518337796823602012-05-31T11:33:11.035+05:302012-05-31T11:33:11.035+05:30@Ravi ... drooling here reading about your travels...@Ravi ... drooling here reading about your travels ... have been dreaming of Turkey and Istanbul ever since I watched, as a kid, Peter Ustinov in Topkapi, at the local "Park Club" in Neyveli--the town that brings Ramesh and me together here. (wait a sec, more Neyveli people here?)<br /><br />To add to my drool, I recently caught up with a few back issues of the New Yorker, and I read about the huge mound and the neolithic megaliths, in SE Turkey ... some day I shall go there, once I figure out where exactly the gold is in my backyard ... .<br />Enjoy it all the more for people like me also :)Sriram Khéhttps://www.blogger.com/profile/06724218458246880137noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-78748390020336271862012-05-31T11:11:34.624+05:302012-05-31T11:11:34.624+05:30Ha ha..they are facing the book now!!Ha ha..they are facing the book now!!Hemahttp://hemarao.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-15284506044340345782012-05-31T08:21:07.973+05:302012-05-31T08:21:07.973+05:30@Zeno - PR is much hyped balderdash. Take BP for e...@Zeno - PR is much hyped balderdash. Take BP for example. Suffered horrible PR just a year ago. Does it matter an inch now ?? Public memory is unbelievably short.<br /><br />@Ravi - Yeah - Turkey is doing relatively bitter these days. Lovely country indeed. Very pretty ladies :)<br /><br />@sriram - Yeah : Honoured to have commenters from far and wide. The beauty of the internet. <br /><br />@Gils - Ha Ha. Inimitable Gil logic :)Rameshhttps://www.blogger.com/profile/11782192840421019943noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-14723504576804438082012-05-31T01:30:07.170+05:302012-05-31T01:30:07.170+05:30@sriram khe - No I don't live here - just on h...@sriram khe - No I don't live here - just on holiday. I used to visit Istanbul on business regularly and we have holidayed in Istanbul many years ago. This time we traveled through Anatolia - Kayseri, Goreme, Urgup, Mustafapasha, Kusadasi, Ephesus, Selcuk, Didyma, Priene, Bodrum...I like driving and we just bummed from place to place eating local food and staying in very nice odd-ball places with three kids in tow. I visited the Aya Sofia in 1998 and coming back here the magic is renewed. Turkey is the hope of the Islamic world. The Europeans of course are very foolish not to let them into the EU - but watching the Greeks (their traditional enemies) get their knickers into a twist now makes the Turks believe they were fortunate. Its a lovely place, great people and a cultural heritage that can be traced back to 3000 BC with the underground cities built by the Hittites. You must visit.Ravi Rajagopalanhttps://www.blogger.com/profile/17321251570712041230noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-51825916806858906352012-05-31T00:05:05.919+05:302012-05-31T00:05:05.919+05:30@ Appu(Zeno?) Thanks!@ Appu(Zeno?) Thanks!Jnoreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-57537711180190728312012-05-30T21:30:39.461+05:302012-05-30T21:30:39.461+05:30i knew why it fell...people found out u dont use f...i knew why it fell...people found out u dont use facebook. thala use pannatha oru matterku ivlo kaasu wastenu decide panirupanga athaan :)gilshttps://www.blogger.com/profile/03259194565523548553noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-12956945953840842672012-05-30T21:16:03.082+05:302012-05-30T21:16:03.082+05:30It fascinates me that the ones commenting here at ...It fascinates me that the ones commenting here at Ramesh's blog, including me, of course, live in so many different parts of the world ... how cool! <br><br />Reading the comment about Istanbul triggers <a href="http://sriramkhe.blogspot.com/2010/02/am-dreaming-of-my-next-trip-whenever.html" rel="nofollow">my long-time dream to go there</a> ... And now I really, really, want to go to <a href="http://www.youtube.com/watch?v=olr2cDrFkCo" rel="nofollow">Istanbul. No, Constantinople</a> :)Sriram Khéhttps://www.blogger.com/profile/06724218458246880137noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-23379943864948192442012-05-30T19:26:06.962+05:302012-05-30T19:26:06.962+05:30Fully agree with these sentiments. I am sitting he...Fully agree with these sentiments. I am sitting here in Istanbul where the the pre-occupation of a booming economy is building one more bridge across the Bosporus, adding more production lines to the Ford car factory, and building a new bike factory. Its wonderful to be here in a "real" economy. How far away this kerfuffle seems!Ravi Rajagopalanhttps://www.blogger.com/profile/17321251570712041230noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-46839063640310890242012-05-30T11:27:57.068+05:302012-05-30T11:27:57.068+05:30@ J here it is for you :)
http://www.ndtv.com/arti...@ J here it is for you :)<br />http://www.ndtv.com/article/world/600-dollar-shoes-not-for-mrs-zuckerberg-216255<br /><br />The losers and leechers are just gamblers who deserve to rot as you say! But what about the image and the PR giri where you slide down from the IPO of the decade to worst IPO of the decade.Appuhttps://www.blogger.com/profile/11943787484240840432noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-25433042631998067012012-05-30T09:28:19.136+05:302012-05-30T09:28:19.136+05:30@zeno - In this case, I don't think the invest...@zeno - In this case, I don't think the investment bankers were at fault. They were hired to get the maximum possible price and that's what they did. If somebody shorted the stock, there's no difference to what everybody does on every others' stock. I have zero sympathy with the losers who moan.<br /><br />@sriram - Ha ha. Have a heart :)<br /><br />@J - You should have rubbed salt :)<br /><br />@Deepa - Alas; I don't know how to look at a Facebook "status" :)Rameshhttps://www.blogger.com/profile/11782192840421019943noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-40837310700816342872012-05-30T09:09:07.169+05:302012-05-30T09:09:07.169+05:30//After all if the price shoots up after the IPO, ...//After all if the price shoots up after the IPO, the company is shortchanging the original investors who first invested in the company to the benefit of the sharks who want to make a whopping profit in one day. By that yardstick, Facebook has done precisely the right thing.//<br /><br />I liked what you said above! I should actually put that up as my Facebook status.Deepahttps://www.blogger.com/profile/16149267172223745802noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-72112475895022958132012-05-29T23:07:36.677+05:302012-05-29T23:07:36.677+05:30When I saw Facebook on the title of the post, I wa...When I saw Facebook on the title of the post, I was expecting a post on the "royal" wedding and Priscilla Chan as a delayed Sunday post :) You disappoint your Sunday post fans :) Recently someone I know was lamenting their purchase of Facebook stock and I had to resist the urge to say "what were you thinking" - that would be like rubbing salt in their wound.Jnoreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-30796520785885747742012-05-29T22:25:53.428+05:302012-05-29T22:25:53.428+05:30As I expressed in this tweet more than a week ago,...As I expressed <a href="https://twitter.com/congoboy/status/204607329906331648" rel="nofollow">in this tweet </a>more than a week ago, it is nothing but schadenfreude :) BTW, I checked the share price before posting this comment--it is down to 29.48. <a href="http://www.youtube.com/watch?v=CXkokyBlktA" rel="nofollow">Getting better all the time</a> :)Sriram Khéhttps://www.blogger.com/profile/06724218458246880137noreply@blogger.comtag:blogger.com,1999:blog-4740849900073154554.post-90875069467944291792012-05-29T14:42:05.257+05:302012-05-29T14:42:05.257+05:30Before i venture further, I am not such a big fan ...Before i venture further, I am not such a big fan of Facebook. Indeed even felt glad that market cap is falling down ;)<br /><br />I am surprised you havent turned your guns on the investment bankers who did this deal and the pricing. <br /><br />There is also some talk,with the extra load of shares being sold, out of nowhere, they shorted the stock! Hence it is the banks that are actually driving the price down. Not to mention the technical glitches of NASDAQ which added a bit or two to fuel the negative sentiments.<br /><br />At the same time, as mentioned here there is a possibility that keeping the price ceiling as high as possible, every one is hurt!<br /><br />http://edition.cnn.com/2012/05/28/opinion/damodaran-facebook-ipo/index.htmlAppuhttps://www.blogger.com/profile/11943787484240840432noreply@blogger.com