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an IPO is an IPO - aside from all the hyperventilating over share price over these first few weeks, Zuck and Co now have raised the capital they need. Let's
by caycep 14y ago
an IPO is an IPO - aside from all the hyperventilating over share price over these first few weeks, Zuck and Co now have raised the capital they need. Let's see how things are in one year. Facebook's long term prospects will be built on the quality of their products, not the jitters of the short term investor.
- blurpin 14y agototally agree with you. One major point of that article was that, had Facebook IPO'd sooner, it would have been better off with the discipline that comes with being a public company. Baloney. I can think of a ton of companies that have manipulated their way under the watchful gaze of Wall Street. this follow up post makes some great counter points: http://www.forbes.com/sites/tomiogeron/2012/07/27/post-ipo-facebooks-bigger-mistake-would-be-obsessing-about-wall-street/ http://www.forbes.com/sites/tomiogeron/2012/07/27/post-ipo-f...