Facebook's IPO flop: Who got rich?
For all the disappointment with Facebook's public debut, a ton of money was there to be made. Here's a look at some insiders, banks and traders who cashed in -- and how you may have gotten a cut, too.
VIDEO ON MSN MONEY
I never joined facebook..for good reasons..
Saw how much time others wasted on it....
Now I see how much money others wasted on it..too funny..lol
Not like buying Coca cola 100 years ago.
IBM years ago..
Facebook is a mirage, no substance.
What you put on there now will haunt you in jobs and social circles and even in criminal trials.
Why use it?
Individuals were a lot more social without Facebook the "social" network!!!
Facebook is ****!!!!
I know blacks that have accumulated ridiculous wealth starting out from nothing. Same with hispanics. I know dirt poor white people. Its possible to do anything you set your mind to in this country if you are willing to work for it. Little known fact...... in Africa if you have a successful business the state can come in and just take it over at any time for a duration of time and you then work for them. Dont cry " blame whitey" for problems in other countries. And in this country YOU are responsible for who you become and how far you go in life. I'm not gonna argue that the system of wealth sucks in this country but the opportunities for the masses are there if you are willing to work for them.
This face book thing reminds me of people buying Pet Rocks in the 70s
"There's a sucker born every minute"
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] S&P futures vs fair value: -4.30. Nasdaq futures vs fair value: -9.30. The stock market is on track for a lower start as futures on the S&P 500 trade four points below fair value.
Index futures have retreated from their overnight highs following another round of disappointing data from China. This time, it was the Foreign Direct Investment report, which revealed a 1.8% decline (previous -0.4%), leading to concerns about a potential hard landing.
The ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'