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Could Zuckerman's billions help the yachting community?

Discussion in 'General Yachting Discussion' started by dennismc, Feb 2, 2012.

  1. dennismc

    dennismc Senior Member

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    Now that he is coming close to being the billionaire, could him and George Soros between them, help rescue the industry...or..would OWS friends derail that adventure ???
  2. Capt Bill11

    Capt Bill11 Senior Member

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    So much for the no politics thing. :)
  3. dennismc

    dennismc Senior Member

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    what was political about that ??
  4. YachtForums

    YachtForums Publisher/Admin

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    Hopefully you are kidding. If not... are you joking??? Let it go bro! Let's get back to boats...

    Besides, Facebook going public is a joke in itself. It's revenue model can't even be substantiated and one day, probably sooner than later, the herd mentality that plagues corporate and small business alike, will all come to the idiots epiphany that Facebook degrades humanity to nothing more than a popularity contest. At best, it's a venue for the narcosist in all of us to overcome a life of quiet desperation in search of notoriety.

    (apologies to those who actually use Facebook at Face Value... to keep up with friends)
  5. NYCAP123

    NYCAP123 Senior Member

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    Amazing how politics keeps jumping in. Smacks of desperation. I'd think the first question would be does he like boats? :rolleyes:
  6. YachtForums

    YachtForums Publisher/Admin

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    I digress. My bad. Let's get back to boats...
  7. RVN-BR

    RVN-BR Senior Member

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    I havent seen any evidence that any of these guys are boaters or have any style in them :p but time will tell... not all are born with the nautical vein i suppose... although I do find that most/many success stories are from ppl whose "veins" begin small and then grow...

    if the IPO makes an impact to the industry it will likely be from people starting swooping in from the top, making (likely) uninformed decision, getting (likely) burned (at least somewhat), and with a big chance of leaving pissed off, therefore giving the industry even less than it takes away?

    Or am i being grim/nostalgic/closed-minded?

    EDIT: in direct response to the thread topic: YES, Zucks billions could help the yachting industry. If he throws a few my way I'll make sure of it :D
  8. Loren Schweizer

    Loren Schweizer YF Associate Writer

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    No agenda here, but recently there was an interesting piece where younger folks are increasingly desirous of a more "private" venue and are eschewing Facebook for Twitter.
    No Tweety here, but have a FB account solely for the purpose of the various motorcycle gangs I ride with to more easily communicate where/when the next wenching/pillaging takes place.

    Hijack over, back to Yachts.
  9. dennismc

    dennismc Senior Member

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    Word has it the Zuck has or had a 64 ft Hatt but seasickness may have derailed that adventure.
    scuttlebut inside the IT industry is that the future of facebook has the potential to be enormous and the converse is also possible, so many are going to be very wary with the IPO.
  10. RVN-BR

    RVN-BR Senior Member

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    imho the ipo will be bombastic... every f'ing grandma out there wants to buy in on "the facebook"............... business model, or future, that is a completely different argument which doesnt fit here... but i think the ipo is gonna be huge...
  11. C4ENG

    C4ENG Senior Member

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    I can not agree with you more. I almost feel like posting that as my FB status today. I liked FB to keep in touch with my professional peers but some how or another FB seems to repeatedly have damaging proprieties of miss information causing problems/issues in real life time. I feel thankful for a website like this that has very useful knowledge that can be benefited from and applied in a useful manner for this yachting industry. If I want useless drama/problem/issues I will go visit FB.
  12. NYCAP123

    NYCAP123 Senior Member

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    I maintain a FB page simply to help people find me and as an addition to LinkedIn, but would never use it for personal posts or communication. I think the venture capitalists who backed the venture are about to make a lot of money, but those who buy in will end up losing big. The recent censorship and the monitoring of FB, Twitter, etc. by governments will sound their swansong IMHO. Plus the 20 & 30 somethings are now learning some hard lessons about being so open about posting their day to day activities. I read last week about the British couple who posted something like they were going to destroy Los Angeles (meaning they were going to party like crazy). They got deported before getting out of the airport.
    That said I don't have any idea what this has to do with boating, although I got a kick out of the sea sickness post.
  13. fourinchespyle

    fourinchespyle New Member

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    Not that it matters much but his name is Zuckerberg. (now maybe he'll buy me a big boat for straightening that out!)
  14. Codger

    Codger YF Wisdom Dept.

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    If the IPO works as suggested, and they hit the numbers, Zuckerberg's instant tax hit will be from 1-1.5 billion dollars. Now, I don't know about you, but writing that cheque would make me sit back a bit and consider that I'd exceeded my expenditure budget for a wee bet.

    There is at least one other individual holding an interest in Facebook that will have done very well, and has an interest in yachts.
  15. Discovery

    Discovery New Member

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    If all goes well the IPO is set to create 1000 new millionaires and 25 Billionaires.. I'm sure there's a couple that like boats ;)
  16. PropBet

    PropBet Senior Member

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    Is Everything!
    All of which is based on a ridiculously out of touch valuation.
    It's a great stock to short, just after the IPO.

    Wall St. is up to their old tricks, making up for lost time since 2008. How to you evaluate a company without a tangible product, service, or intellectual property?

    Wait. Don't answer that.

    The only thing Facebook's IPO is good for is the state of California and their bankrupt financial status. Anyone remember how much the tax man collected on Google's IPO? Facebook's is expect to solve the Ca. financial insolvency yet once again.

    More here:
    http://www.businessinsider.com/broke-california-give-us-the-facebook-manna-now-2012-2

    On the note of what it has to do with the yachting industry, I haven't a clue if it will help or hurt it. It may add to it, but an IPO and a couple new Billionaires or Multimillionaires, won't influence a global industry to a quantifiable means. (IMO, YMMV)
  17. NYCAP123

    NYCAP123 Senior Member

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    Ever go to a "big party" and find you're the only one that showed up?
  18. airship

    airship Senior Member

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    So far as I'm concerned, Facebook's founder, majority share-holder and CEO doesn't yet own his own superyacht. Having said that, a few well-known superyacht-owners have indeed invested in Facebook, perhaps envisaging Pharaonic the forth-coming IPO returns multiplying the values of their own minor investments etc. once the company goes public, allowing these same "dark-side" investors to scurry back into the obscure whilst taking their own substantial profits, leaving the company perhaps to wither away. Facebook is after all just a fad, just like MySpace...:confused:

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