Linked by Howard Fosdick on Wed 5th Sep 2012 05:24 UTC
In the News Remember the dot com debacle of a decade ago? Well, it's back, this time in the form of Facebook. Since its high-profile public offering last May at over $38/share, FB is now down to about $18/share. Management is finding that running a public company is very different than one privately held, as people variously blame Mark Zuckerberg (or not), CFO David Ebersman, lead IPO underwriter Morgan Stanley, and even the NASDAQ stock exchange. The real problem, of course, is that Facebook went public even as its business model desperately searches for new revenues. Let's just hope they don't pull a Digg and fatally redesign the whole site in response.
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comrad
Member since:
2009-01-21

Indeed, when faced with a natural disaster or any other disaster scenario, facebook would be the company that needs to be saved for rebuilding the cities.

Screw those farmers, those banks are system relevant.

Reply Parent Score: 2

zima Member since:
2005-07-06

BTW farmers... what are you doing, in your avatar, to this poor sheep?

Edited 2012-09-08 12:09 UTC

Reply Parent Score: 2