Facebook’s disappointing IPO and sluggish stock price don’t tell us a thing about the company’s signficance — or even its …
Facebook IPO
Facebook Hits Record Low as Insider Stock Sale Lock-Up Period Ends
Facebook’s IPO — in which insiders cashed out $10 billion — now ranks as “the worst performer among all large IPOs on record,” according Bloomberg.
via Facebook Hits Record Low as Insider Stock Sale Lock-Up Period Ends | Business | TIME.com.
Was the Social Media Tech IPO Boom a Big Scam?
The grotesque contrast between the massive insider cash-outs at Facebook, Zynga and Groupon, and the abysmal performance of those company’s stocks, makes the IPO process — and by extension, U.S. capital markets — look bad. And that’s not good for anyone.
via Facebook, Zynga and Groupon: Was the Social Media Tech IPO Boom a Big …
After Facebook Debacle, Can Investors Trust the IPO Process?
It’s been over a month since Facebook’s troubled initial public offering, and the fallout continues to reverberate from Wall Street to Capitol Hill.
via After Facebook Debacle, Can Investors Trust the IPO Process? | Business | TIME.com.
Poll Says Four Out of Five Facebook Users Aren’t Persuaded by Site’s Ads
Facebook’s disappointing IPO has shaken up the tech sector to the point that Paul Graham, co-founder of famous talent incubator Y Combinator, wrote a letter to portfolio companies calling the flop “bad news” and saying it could …
Why Doesn’t Apple Get More Respect In the Stock Market?
Apple has a problem. The opposite of Facebook’s problem. It’s undervalued and likely to stay that way.
via Why Doesn’t Apple Get More Respect In the Stock Market? | Business | TIME.com.
Why Google Should Be Worried About Facebook
I have written a few columns questioning Facebook’s long term value. And amidst all the recent news about the company’s IPO woes, it seems like investors may be skeptical as well.
Even though I may have a conviction that a …
Facebook, Wall Street Banks Sued Over Pre-IPO Financial Forecasts
Just days after its controversial IPO, Facebook and its Wall Street bankers have been hit by shareholder lawsuits alleging that the social networking giant and its underwriters concealed the company’s decelerating revenue growth from investors.
via Facebook, Wall Street Banks Sued Over Pre-IPO Financial Forecasts | Business | TIME.com.
Facebook IPO Furor: Feds Probing Deal over Insider Bank Warnings
Facebook’s Wall Street investment banks warned top clients of new doubts about the social network’s financial prospects just days before the company’s IPO, according to a series of reports that emerged Tuesday.
via Facebook IPO Furor: Feds Probing Deal Over Insider Bank Warnings | Business | TIME.com.
7 Reasons Facebook Flopped
Even with such a schizophrenic welcome, no one expected the series of mishaps that has marked Facebook’s IPO. Here’s a look at the contributing factors.
After Facebook’s $16 Billion IPO, Company Sued for $15 Billion
And just like that, Facebook is officially a publicly tradable stock after the company sold over 420 million shares at $38 a pop yesterday to raise $16 billion for its IPO. Also “just like that,” the company’s been sued by some …
Facebook IPO Pops Early, Then Drops in Disappointing Debut
Facebook shares jumped 13% to hit $43 just minutes after the company went public in the largest Internet IPO in history.
via Facebook IPO Pops 13% in Early Trading Before Falling Flat | Business | TIME.com