Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

"that the IPO benefited them first and foremost."

But also important (and I'm not sure this is realistically possible but I will throw it out there) is to take into account the negative consequences of the stock tanking and creating strong negative publicity against facebook (which it certainly has) which could create a longer term problem. Along the lines of "pigs get fat, hogs get slaughtered".

In other words had the stock been priced more reasonably is it possible that it might have not headed down but headed up? And has the fact that it has headed down creating damage that goes beyond the obvious (time will tell and possibly a lesson will be learned).



I'm of the mind that if Fb's numbers trend up, the price will trend up; if their numbers don't trend up, it won't matter how much they bribed the market with IPO "pop".

$10Bn buys a lot of knob-turning time to get the numbers up.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: