Facebook Suit n Such

Mark Zuckerberg

It's all over the news, twitter, even Facebook. The hype surrounding the IPO has quickly turned to rubble as shareholders are now suing Facebook banks over a botched IPO. 

I heard rumors that at the closing of the IPO on day one Facebook banks were buying stock in order to save the company from "embarrassment". HOWEVER... who would think that a bank would lie? I mean really especially over money? Duh, this isn't a surprise is it? 

Reuters recently reported that shareholders have filed a lawsuit early this morning in a Manhattan Federal Court. In a nutshell the suit is over Facebook hiding or "concealing" weak growth forecasts and reports in turn leading to shareholders obviously paying too much for shares on opening day. A last minute decision by the Facebook CEO deciding to increase the amount of stock offered by 25% was a blunder. 

Mark Zuckerberg himself is also accused in this suit. Here's my personal opinion. Do you remember the movie Social Network? In the movie there's a seen where Sean Parker (napster) tells Mark Zuckerberg the following statement. "Making a million dollars is alright, but making a billion dollars..." I think once Mark himself realized the wealth and value of Facebook that number simply changed by a couple zero's. I heard well before the offering that Mark wanted the company to offer at a value of over one hundred billion dollars. When the initial offering was going to be made Mark noticing that the value was more like seventy or eighty billion simply pushed the banks and his own CEO to make that nice crisp looking number of $100,000,000,000 (this is just a hunch). 

From a personal standpoint and from reading many and I do mean "many" articles about the Facebook IPO. I believe the future growth potential and investment opportunities with Facebook are great. We all know it's only going to get better from here, at least for the next few years. And if Facebook can penetrate the Asian markets and figure out search traffic this is a company that can surpass Apple and be worth over five hundred billion dollars pretty easily. So far however... They are off to a bit of a bad start.

2012 - Not end of World?

As posted by USA Today, more Mayan Calendars have been discovered. The findings of these calendars show that they go well beyond December 21'st 2012. Archaeologists say that they have found lunar symbols and writings that go as far as 3500AD and beyond. These calendars were discovered in the ruins of Xultin by William Saturno of Boston University. The next big marketing question is this. What's going to happen to all the marketing ploys that are taking advantage of "the end of the world Dec. 21 2012" campaign? What will be their response to this finding? I can tell you this, as sourced in a recent blog I posted about the end of the world I simply posted a funny picture that shows they simply ran out of room on the current calendar and that's why the date did not go past 2012. As it is in the world of irony now there's scientific proof that show other findings and dates going beyond 2012. For more information about this finding simply visit the full story at the USA Today website.

Social Media Average Time on Site

A recent study conducted by the Wall street Journal

Social media has taken the internet by storm in the last decade. Facebook has proven to be the Giant of our time in 2012 topping over 800 million active users. I've heard stats from Google+, Pinterest, and other social networking sites about how many active users they have but the question I have is this. How long is the average user spending on the site? As an internet marketer and having a million social networks to choose from and use it seems daunting to have to have so many different SMM (Social Media Marketing) accounts. So I decided to do some research and I thought I would share it with the masses (or those that would like to know the recent study). A recent study conducted by the Wall Street Journal says Facebook tops the polls with it's average user spending 405 minutes of engagement on the website. That's almost 7 hours per visit! Next in line we have a tie for second. Blogging social network tumblr and the new interest pinning site called Pinterest. I've personally found and seen great results already from Pinterest. Meanwhile twitter and Linkedin are 4'th and 5th in line with 21 minutes for twitter and 17 minutes for Linkedin. MySpace is struggling at 8 minutes (I didn't event know it still existed) and Google+ is struggling to get just 5 minutes of a users time (Personally I use Google+ for about 20 to 30 minutes each visit, but then again I use a lot of Google Products so it easily syncs with my blogger, and other SMM options that I work on. All text links on this page are directed to my personal profiles for those accounts that I do use and the SMM links will take you to the Social Media Marketing section of my website. If you're interested to learn more about effective campaigns or are simply just curious about SMM feel free to connect with me and ask.

Lawyers Joke Book

How many lawyer jokes are there? Only three. The rest are true stories.

Yes, and what do lawyers and bullfrogs have in common? Both have a big head that consists mainly of mouth.

What can you say about 1,300 lawyers buried up to their necks in cement? Not enough cement.

What's the difference between a vulture and a lawyer? The vulture doesn't get frequent-flier miles.

How does an attorney sleep? First he lies on one side. Then he lies on the other.

How do you get a group of lawyers to smile for a picture? Just say "Fees!"

What do you throw to a drowning lawyer? His partners.

What's the difference between a lawyer and a liar? Pronunciation.

What does a lawyer get when you give him Viagra? Taller.

What's the difference between a lawyer and a catfish? One is a bottom-feeding scum-sucker. The other is a fish.

Did you hear about the new sushi bar that caters exclusively to lawyers? It's called Sosumi.

What is the difference between baseball and law? In baseball, if you're caught stealing, you're out.

Do you know what's wrong with lawyer jokes? Lawyers don't think they're funny, and everyone else thinks they're not jokes.