Facebook's flop

There were a number of negative developments in the lead up to the Facebook float and it was over-priced anyway. This, along with the fact that Zuckerberg isn't focused on making money, makes for an uneasy combination.

The Facebook float flop has triggered a wave of post-mortems around the globe as analysts try to understand what went wrong. The answer is actually pretty straightforward: the float was over-hyped and over-priced.


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