eisely 13 Posted May 18, 2012 Share Posted May 18, 2012 Well today was the big day, and folks here in the San Francisco Bay Area are all atwitter, so to speak. One of the better tweats, which could easily go under FAQs is: Q. Why did Facebook go public? A: They couldn't figure out the privacy settings either. Link to post Share on other sites
scoutingagain 20 Posted May 23, 2012 Share Posted May 23, 2012 Morgan Stanley is the corporate sponsor of the local corporate road race to happen in a few weeks. I was going to ask if runners for the bankers and investment houses get a head start. SA Link to post Share on other sites
BS-87 30 Posted May 23, 2012 Share Posted May 23, 2012 It's become apparent that the founders and major shareholders needed a way to cash-in the shares of Facebook before the bubble bursts. I think the IPO signifies what everyone is realizing, and that FB is at its peak. This could start the feeding frenzy that kills Facebook. A lot of folks who took stock instead of regular pay at Facebook are going to have a lot of capital really soon to leave and start their own projects... Link to post Share on other sites
eisely 13 Posted May 23, 2012 Author Share Posted May 23, 2012 This is also a fiscal setback for the State of California. Gov. Moonbeam was publicly counting on collecting a lot of capital gains tax to help solve his deficit problem. Link to post Share on other sites
Basementdweller 608 Posted May 24, 2012 Share Posted May 24, 2012 You know google circles is a much better social media site......Just wish the rest of the world knew it. Link to post Share on other sites
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