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"
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[BRIEFING.COM] The stock market ended the Wednesday session on a mixed note. The tech-heavy Nasdaq displayed relative strength, climbing 0.4%, while the S&P 500 added 0.2% with five sectors settling in the green. For its part, the Dow Jones Industrial Average (-0.2%) spent the entire session below its flat line.
Equities started the midweek affair on a rather unassuming note in the absence of market-moving news or economic releases. With those pieces missing from the equation, ... More
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