It will affect FB when they make acquisitions based on shares as well. It might make potential acquirees more reluctant to take anything but cash, which will b

It will affect FB when they make acquisitions based on shares as well. It might make potential acquirees more reluctant to take anything but cash, which will be a drag on their financials. FB didn't pull one over on the bankers. The bankers and FB sold their shares to investors, so both parties are "guilty" to some extent. Investors are guilty for believing the hype as well, but in any deal, the buyers have a lot more power than the sellers, so keeping the investors happy is important for a healthy market.