5min chapter

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Facebook is So Meh-ta, Biden's Budget Package, and Friend of Pivot, Aswath Damodaran

Pivot

CHAPTER

Facebook Branding

Facebook's re branding and what they're doing is a sign that their name has become too odious to be connected to a company. I can't think of an intrinsic explanation for the thousand dollars per share, but i'd be short on taslam out of my mind if it were me. The primary forces driving the trading were greed and revenge. Greed in the sense it's amazing, 80 percent te pose. But we're going to teach the hedge funds a lesson. And the prom hedge funds are maluable.

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