Underestimating Facebook's potential

The social media gaint's IPO may have flopped but with almost a billion accounts and growing, the network is too big to fail.

Facebook’s IPO was certainly mishandled, at least in terms of public relations. Lawsuits have been filed over the nature and relevance of lower-than-expected earnings disclosures to selected institutional investors but apparently not other investors. Facebook, Morgan Stanley, and NASDAQ, have all been the subject of much finger-pointing about the poor value of the stock.


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