Jul. 27th, 2012
Interesting Links for 27-07-2012
Jul. 27th, 2012 12:00 pm- De-gendering academic dress at Oxford
- Why Sebastian Coe should be jailed in Scotland
- The British Banker's Association was warned weekly about LIBOR fraud back in 2008.
- Mayor's sustainable Olympic taxis driven on a 130-mile trip to fill up in Swindon
- Men: A good reason to be a decent boyfriend. So you won't be described like this...
- Who Gets To Be a Geek? Anyone Who Wants to Be
- Every Cthulhu Game I Ever Played
- Artist draws different drugs and draws self portraits.
I'd love to know how much of the differences is caused by expectations.
- Neal Stephenson on swordplay, space and depressing SF - if anyone can find the whole keynote, I'll be ecstatic.
- This is what addiction to Facebook games will make people do...
God, I loathe this "business model" with a fiery passion.
- Someone with ADHD talks about the habits that make it possible for them to do creative work
- Free school meals for all boost results by up to two months.
- What's A Fair Value for Facebook Stock?
My congratulations to Facebook
Jul. 27th, 2012 05:08 pmFor persuading people that their shares were worth 100 times their income, at $38/share. An amazing job, that made them a huge wodge of money. It shouldn't matter to them at all that the price has since dropped by nearly half of that to $22 - they made their money, and I'm sure they're very happy with it.
I have no idea why people were willing to pay that much for shares in a company that could not grow its user base by more than seven times without running out of human beings, can't monetise those users more than a tiny amount without driving them away, and has growth that's been halving every year since 2009. But that's investors for you.
I have no idea why people were willing to pay that much for shares in a company that could not grow its user base by more than seven times without running out of human beings, can't monetise those users more than a tiny amount without driving them away, and has growth that's been halving every year since 2009. But that's investors for you.
Largely because (a) Steam have Borderlands 2 on 10% off if you own Borderlands 1 and (b) The 4-pack is even further discounted, to the point where I basically got my copy for 1/3 off purely because I have two friends and a wife who also love shooting things.
Now I just have to wait until September 18th until I can play this:
*so excited I'm actually going to set the mood on this post*
Now I just have to wait until September 18th until I can play this:
*so excited I'm actually going to set the mood on this post*