> 1. Allowing an IPO that was vastly overpriced. As others have pointed out, that's a feature not a bug. They raised a ton of money for not much equity, which

> 1. Allowing an IPO that was vastly overpriced. As others have pointed out, that's a feature not a bug. They raised a ton of money for not much equity, which is the best case result for an IPO from the company standpoint. Not so much for the suckers who bought. > 2. Keeping Zuckerberg in the CEO role for too long. As a consequence of #1, Zuck did not give up control. He can stay there until the equity is worth $0.00/share. The only consequence of #1 and #2 is that he pissed in the pool for all those that follow, because the suckers have been bled dry. And when you think about it, that means IPO is not as much of a possibility for all the future acquisition targets for FB. Total win for the company.