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Reply to "Facebook IPO"
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[quote=Anonymous][quote=Anonymous]the company has lost almost 30 billion in the past 3 days [/quote] The company has not lost any money, when the stock price declines its not the company that loses its the shareholders (do any of you own mutual funds). Also FB got $6.8 billion in the IPO, that money is likely still in the bank. Zuckerberg's personal valuation may have gone down, but in his case its all paper losses. At the end of the day even if the stock drop to $1, Zuckerberg will still end up with much much more than he invested in the company. Also Zuck walked away with over $1b from the shares that he personally sold in the IPO - there is no way to take that money back (unless he and FB gets sued). [/quote]
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