Tuesday, May 22, 2012

- Still Don't Like

I put an update on this post about Facebook that I think is worth checking out.

6 comments:

chess said...

Tom. I am thinking the first day that options open up on FB,"Zuck" should call Marc Cuban and ask him exactly how to buy those puts just in case Fb is headin for 10.

Tom said...

My Panama bearer corp would already be borrowing against my holdings and channeling capital off to the BVI Trust if I were him.

Get it today Mark. You're a smart guy, but you aren't that much smarter than everyone else - no matter what people may have been telling you.

ikaika said...

I think Zuck is the kinda guy that will go down with the ship not out of honor, but out of pride.
He built himself a nice ziggurat.

I invision Zuck having a cow when his insiders begin to register their shares in earnest and then trying to fire them all.

His CFO will probably bail by November. Her work is done here.

Chess said...

2 things and both excellent thoughts..Tom you have spoken in a language that most of us dont understand or at least me..You give your money to bears in Panama to invest and you trust them??? and Ikaika I hadnt thought bout when the lockup hits that the only adult in the room(she the cfo) will say see ya.

Tom said...

Panama Bearer corp is a personal holding corp that works like a bearer bond used to. If you posses it, you own it. It's a way of severing the "who owns it" chain of reporting.

BVI stands for "British Virgin Islands" which is the "in" location for tax free trusts. John Kerry and the Kennedy Family both have BVI trusts - as well as thousands of hedge funds and European investors in US assets.

If Zuck were to do this, the regulators would know he did something and they might be angry about it, but they wouldn't be able to get the money back.

Chess said...

Wow. Thanx. More for me to Goog and learn.