The Facebook IPO
Submitted by vickers
on Wed, 03/28/2012 - 9:56am
The Facebook IPO?
So witness the IPO's of Groupon,
Zynga, and Linked in... all fine companies
but post IPO they went thud. Why?
Well investors for many months have been
bidding up these shares in privately traded
markets so by the time they actually
were offered to you much of the thunder had been
spent. Facebook will soon IPO and all I can
say is so what. I use facebook but it's a bit annoying
and I am not sure why. Is it possible that just as Yahoo
was inevitably replaced by Google that Facebook too
is just a Flash in the pan soon to fizzle and not sizzle......
We'll soon see.