A quick summary of who screwed up on the Facebook IPO.
An even quicker summary: Everyone.
It's like the last two bubbles hooked up and made an ugly baby.
Not what we needed to restore faith in the market.
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May 23, 2012
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Since when does every IPO have to go up 25%?
FB was two years too late in going public. It is now a mature tech company and doesn't deserve the growth valuation assigned to it.....
Posted by: Collards | May 23, 2012 at 09:48 PM
"...and made an ugly baby."
They should nuke that maternity ward from orbit. It's the only way to be sure.
Posted by: Dan | May 24, 2012 at 10:00 AM