How easy is it to write off a company ( Facebook) after one day of primary market trading where the stock falls by 12 per-cent ?
Reading the tech news coverage yesterday I thought Facebook kind of imploded in one day post the IPO and Mark Zuckerberg’s life kind of ended.
But then everyone’s favorite poster boy is just one step away from being everyone’s favorite whipping child. It’s something to do with being able to do what very few people can do.
Relax guys…let’s not get hyper excited. Let’s see what their stock price is in ten years and then we will know whether investors were right or wrong.