Posted by Leonard Steinberg on February 20th, 2014 It has been reported that Facebook will be buying WhatsApp for almost $19 billion, hence making each of their 55 employees multi-millionaires. If this were to be averaged amongst them (highly doubtful) they would each be taking home an average of around $344 million, making POWERBALL winners… [Read More]
SOMETHING MORE ANNOYING THAN FACEBOOK?
Posted by Leonard Steinberg on July 14th, 2012 I never thought I’d see the day when something more annoying than FACEBOOK would hit the market…..has that day come? Yes, FACEBOOK is wonderful in connecting people and it certainly has helped me find out what an old school friend is eating these days. In real estate… [Read More]
FACEBOOK IPO vs. REAL ESTATE BIDDING WARS
Posted by Leonard Steinberg on May 21st, 2012 All the hoopla surrounding the IPO of Facebook and to-day’s swoon of almost 10% in its valuation leads me to believe one should be very careful about over-hyped product….including real estate. I do believe Facebook to be one of the most over-hyped companies on earth: is it really… [Read More]
WANT TO SEE A BUBBLE IN THE MAKING? WATCH FACEBOOK…..
Facebook is a bubble in the making
TWEET NOTHINGS!
I just returned from a Real Estate Conference that addressed the future, existing technology, and new technology, and how all this will impact our lives as real estate brokers. About 500 people attended. So here I am blogging…. The most annoying aspect of this conference was the strong encouragement of that recent phenomenon called TWITTER…. [Read More]
REAL ESTATE BROKERAGE IS CHANGED FOREVER.
In this weekend’s New York Times, an interview with Frederick Peters, the head of Warburg Partnership, illustrates clearly how the world of real estate brokerage has changed forever. “I remember a time many years ago when I started doing e-mail blasts to the brokerage community, announcing new properties I was listing,” says Leonard Steinberg, managing… [Read More]