First, about the investors and the raw IPO deal
As Zuckerberg is learning, going public means you cannot avoid closer scrutiny of the scandal-hungry media. Unfortunately for him, the road leading to Facebook’s listing was already fraught with self-imposed potholes. Take for instance the fact that there are things that should have been said to all investors at the time of listing to temper their expectations of Facebook’s future growth prospects, but apparently only a select few of them were made privy to such information. The alleged reason for concealment from all the other investors is that this was going to impact negatively on the listing share price that was $38 at the time. As the media started peeling off Facebook’s skin and finding out the adverse information themselves, the share price followed by a steep decline, currently at more than 50% since listing, and this has left a lot of investors aggrieved.
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