Consider Groupon, Netflix, MySpace and Beware, says CEO
ATLANTA May 18, 2012 Chuck Bentley
"The buzz on Wall Street this week surrounds the long-anticipated initial public offering (IPO) of the wildly popular social media giant, Facebook. It’s being hyped as one of the biggest initial public offerings in history for an Internet company, and investors are lining up to own a share. I’m not one of them," Bentley told supporters.
$300 a share $78.50 Rupert Murdoch $580 million $35 million
$28 to $35
$6.1 billion 24 times revenue
Larry Burkett www.crown.org
SOURCE Crown Financial Ministries