I would have never seen this coming. I’d previously believed Facebook would not be a good long-term hold, but I had no idea the IPO could come unraveled to such a degree. It’s quite a confidence-shaker, don’t you think?
Facebook’s founder, Mark Zuckerberg, has gone from hero to zero as the stockmarket flotation of the decade flounders amid lawsuits and accusations of greed, hype and deception.
via Facebook founder Mark Zuckerberg sees stock tumble amid IPO lawsuits | Technology | The Guardian.