Why is this Man Smiling?

Because his Singapore Sling is on the way

and...billions on the way for this Facebook founder, Eduardo Saverin, because of the Facebook IPO,

and he has renounced his US citizenship and become a citizen of Singapore.

The story from Bloomberg 

Eduardo Saverin, the billionaire co-founder of Facebook Inc. (FB), renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill.

Facebook plans to raise as much as $11.8 billion through the IPO, the biggest in history for an Internet company. Saverin’s stake is about 4 percent, according to the website Who Owns Facebook. At the high end of the IPO valuation, that would be worth about $3.84 billion. His holdings aren’t listed in Facebook’s regulatory filings.

Saverin, 30, joins a growing number of people giving up U.S. citizenship, a move that can trim their tax liabilities in that country. The Brazilian-born resident of Singapore is one of several people who helped Mark Zuckerberg start Facebook in a Harvard University dorm and stand to reap billions of dollars after the world’s largest social network holds its IPO.

“Eduardo recently found it more practical to become a resident of Singapore since he plans to live there for an indefinite period of time,” said Tom Goodman, a spokesman for Saverin, in an e-mailed statement.

Saverin’s name is on a list of people who chose to renounce citizenship as of April 30, published by the Internal Revenue Service. Saverin renounced his U.S. citizenship “around September” of last year, according to his spokesman.
Singapore doesn’t have a capital gains tax. It does tax income earned in that nation, as well as “certain foreign-sourced income,” according to a government website on tax policies there.

Saverin won’t escape all U.S. taxes. Americans who give up their citizenship owe what is effectively an exit tax on thecapital gains from their stock holdings, even if they don’t sell the shares, said Reuven S. Avi-Yonah, director of the international tax program at the University of Michigan’s law school. For tax purposes, the IRS treats the stock as if it has been sold.
Renouncing your citizenship well in advance of an IPO is“a very smart idea,” from a tax standpoint, said Avi-Yonah.“Once it’s public you can’t fool around with the value.”

Meanwhile, the rest of us won't even be able to get any facebook shares in the IPO.

Why Is This Man Smiling?

$95.9 billion reason$ to smile.
From the Financial Times
Facebook shares likely to ‘pop’ in debut

But it makes me wonder.
When the big money finally hits
is that a sign that facebook has peaked?

As internet users, is our desire to log our every opinion, like, etc. growing
or are we over it already?
I don't know what the trend is.

There are things that I love about facebook, like reconnecting with my German-Italian niece who now lives in England and finding out about the lives of old friends that I lost track of decades ago.
But,I only login to my facebook account about once a month so I don't get overwhelmed by the overload of information.

If I had to be on facebook everyday, I would lose interest in it quickly.

What about you?

More questions:
What is the future of facebook?
If you couldn't get facebook stock in the IPO, would you buy it in the aftermarket?

Facebook - The Good, The Bad and The Ugly

Like with many things technology-wise, I'm a late adopter.  I've not the type who needs to have the latest and greatest computer, phone, app or electronic gadget.  Nor do I feel that I have to be on top of every hot trend on the internet.  Twitter...well maybe I'll get to it someday.  God knows I avoided Facebook for what seemed like forever, but now I'm quite happy that I lowered my luddite level and signed up.

The Good: 
Reconnecting
Finding people that I haven't spoken to in years...or rather being found by them.  For example, a wonderful Italian girl who spent a year with us as an au pair some 20 years ago, found me through Facebook.  Another example was reconnecting with a Italian/German cousin, another person that I had lost touch with some 15 years ago, who is now living in England.
And, the list of old friends and associates that I've reconnected with goes on.

Reconnaissance
A young friend of mine was madly in love with a man who was temporarily living in California for some special training for his job.  Of course she thought that this man was the love of her life, but there was always something sketchy about him and his schedule.  So, after months of mad crazy passion, she did  a little facebooking and found out that the man had a wife and children living in the DC area.
Ah, the wonders of Facebook.

Revolution:
Iran, Egypt and elsewhere. 
Facebook has been tremendous in bringing real time information to these places.

The Bad:
Too Much Information
Like with many things in life, Facebook has a dual sided nature.  Actually, it's not really Facebook, it's the people who use it.  How many idiots post information that is downright embarrassing, to themselves or to their families but they are too immature to recognize the damage that they are doing.  I won't go into details but some of the posts that I've read show such an unbelievable ignorance and arrogance.  If you're bragging on your Facebook page about staying out for nights in a row getting totally wasted, don't expect anyone who has read your post to recommend you for a job.
Just saying.

The Ugly: 
Obsession
How many people have such an obsession or addiction to Facebook, like others might have with WOW, that they can't function in real life.
Mom on Facebook sentenced in son's drowning death
How could a mother leave a 13 month old child unattended in the bath while she screwed around on Facebook.  I hope that she spends many years of quality time behind bars without any access to the internet.


For me the good certainly outweighs the bad when it comes to Facebook.
What do you think about Facebook?
Do you still love it or do you have Facebook burnout?

Best Farms Ever | Facebook

These are the best farms creatred in farm ville now a days to get these farmsthere are lots of  tricks and helps  provided to get it click here.

FarmVille is a very fun and very addicting game. There is just something so satisfying about leveling up and expanding in this virtual world. Players want to level up as fast as they can and get as much out of their farm as possible and in order to do this you must learn the secrets to leveling up and you must get coins and cash so you can expand. There are five farmville secrets that I will be explaining to you to help you grow and improve your farm in FarmVille.

Secret Number 1: Don't Farm Without Friends

FarmVille is a Facebook game and what is Facebook, it's a social networking site. So the creators of the game reward people for social interactions. Getting neighbors is the main way to go about getting these rewards. Many people will try to get everybody they have on their schedule to join FarmVille and become their neighbor and that is a good start but there are more ways to gain these rewarding residents. Joining forums is a great way to meet people and persuade them to become your neighbor. Also don't be afraid to add your friend's friends and ask them. They won't mind they may even get a real kick out of it.

Secret Number 3: Play Smart!

Make good use of your time. Create a schedule if you need to. That's one of the big things that helps players rise to the top. Other players think they don't need a schedule or that making a schedule is stupid but trust me I know from experience that a schedule can make a huge difference in how fast you level up and improve. Also have a plan of which crops you will plant and so on so you can harvest them on time. You don't want to miss a harvest and have waited all that time for nothing..

Secret Number 2: Don't Go Crop Crazy

Make sure you do not focus only on one type of crop. This is a mistake I see all the time and the answer to the problem is simple. Mix it up. Maybe one week you focus your attention on crops that will give you cash and then the next you focus on crops that will help with XP. Just make sure you have a good variety and you mix it up nicely for maximum benefits.

Secret Number 4: Seed Selection

As you make your way up more seeds become available to you. Make good choices about the seeds you purchase. Having a schedule and planning ahead should help with this.

Secret Number 5: Extra Help!

You will not be able to become a top farmer on your own. The secrets given in this article are very basic ones to help you improve your farm and get you planning and thinking more. If you really want to know true top secrets that will have you dominatingFarmVille and leave your friends in awe then I definitely recommend getting yourself a guide. They don't cost much and they are a great investment if you truly want to make the most out of your farm and make your way to the top as fast as possible.

VIA