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> The idea is not to cash out on IPO day, it's to create a story of growth and success and then cash out a few days later as the growth has whipped investors in
by duaneb 14y ago
> The idea is not to cash out on IPO day, it's to create a story of growth and success and then cash out a few days later as the growth has whipped investors into a frenzy.
Facebook is in for the long haul. This IPO gave them a hefty bit of cash - we probably won't see the results in full for years to come.