Meta Platforms Inc (META)

[10baggerlong]

Youtube video commentator says FB IPO ignored fundamental valuations-- other opinions?

There's a youtube video featuring a guy who says the FB IPO was overvalued because the fundamentals of the company were ignored for hype and "new math". Does anyone agree with that?

You can find the Youtube videos if you search for "How to invest Pre-IPO"


Here is some discussion on the guy, from another site:

"Taylor Moffitt of Holydean is a greedy bastard with his $6,000 custom suits and all of his CEO rich buddies and shareholders who are so dedicated to him. He wasn’t even born into the nobility of Britain, he was raised up by some Duke because he made the guy some money or something. The rest of us have to work for our livings but “The Honourable” Lord Holydean flies back and forth to London sleeping in a bed and being served champagne. Anyone who lives in a 9 bedroom home with a pool in the living room and 15,000 acres of forest is greedy if you ask me. I don’t care if he does build orphanages. He helped cause the market crash of 2008 by selling $75 million in crappy mortgages into the market, and all he does now is make rich people richer. He’s too good to even date anyone who’s not rich now too my friend asked him out and he said no what a snob asshole. He tries to pretend he’s “down to earth” since he got rid of his Rolls-Royce........ but he drank a $15,000 bottle of wine in Costa Rica and he still won’t give his poor ex wife anything. He’s got all those houses, but will he give anyone free rent? I don’t think so. He has no conscience cuz he can enjoy making millions in the stock market while other people who have to work for a living are losing money there. Paragliding trips to South America? Taking dates to Paris? Probably private jets paid for by one of his CEO clients or greedy investors who seem to love him so much."