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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.

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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...

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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.

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