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A Sad Woman Lost Her Entire Life Savings in the Facebook IPO and Now Wants Her Money Back

A lot of average Joes put on their faux-finance cap during the Facebook IPO and hoped it would get them rich. Everyone uses Facebook therefore everyone wants to buy Facebook stock, the logic went. Yeah, it didn't work out that way. I'm sure a lot of people lost money. One poor woman, Uma Swaminathan, lost her entire life savings and kinda wants a re-do. Read More >>

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Facebook Handled Its IPO Exactly Right

Andrews Ross Sorkin wrote a piece for the NY Times that was just ridiculous. He put the blame squarely on the back of the CFO of FB. Talk about getting it 180 degrees wrong. Read More >>

facebook
Why Facebook Investors Ignored The Signs of Its Doomed IPO

During the build up to Facebook's initial public offering last month, there were plenty of clues to suggest that it wouldn't make small investors any money. But that didn't stop them flocking to the deal, in turn wasting their money. Why is that? Read More >>

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NASDAQ Plans to Compensate Facebook IPO Losers

After openly admitting that they screwed up over Facebook's IPO, NASDAQ is now planning to compensate those who made a loss when their systems failed to allow trades to take place. Read More >>

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WSJ: These Companies Got the Inside Track on Facebook's Doomed IPO

The proverbial continues to hit the fan over Facebook's IPO. Investors are trying to get their lost money back through the courts and Morgan Stanley are being blamed for all kinds of dubious activities. Now, the Wall Street Journal has confirmed the names of companies who Morgan Stanley tipped off about Facebook's doomed offering. Read More >>

facebook
Facebook IPO Nosedive Gets Facebook IPO Class Action Lawsuit

It's been more and more apparent that there was some shady—though not necessarily illegal!—activity from Facebook's bank advisors in the lead-up to the company's IPO last week. And now, investors who got the shaft are trying to get their money back through the courts. Read More >>

facebook
WSJ: Blame Morgan Stanley For Facebook's Woeful IPO

Since the start of the week, Facebook's stock price has been sinking like an anti-social stone. Despite NASDAQ's open admission about screwing up the offering, the Wall Street Journal is pointing its finger higher up the chain. Read More >>

google
Google CEO Blasts Facebook For "Holding Users Hostage"

Even as news spread that Chrome was now the world's most popular web browser, Facebook ended up as the focal point in last night's discussion between Google CEO Larry Page's and Charlie Rose. Rose asked what's on a lot of people's minds: Given Facebook's mammoth IPO, was Larry Page worried? Read More >>

facebook
Why Facebook's Tanking Today

The stock is falling! The stock is falling! If you stopped following the Facebook IPOcalypse on Friday, it might be time to pull up another chair. FB has plummeted 12 per cent as of this writing, with no signs of pulling out of its nosedive. Ruh roh. Read More >>

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NASDAQ: We Really Messed Up the Facebook IPO

If all the noise and fanfare of Friday was anything to go by, you'd be forgiven for thinking that Facebook's IPO was nothing but a roaring success. Turns out that, behind the scenes, NASDAQ was a crumbling wreck. Read More >>

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Facebook Stock Traded at a Record-Breaking 2.7 Million Shares Per Second

The Facebook IPOcalypse continues, free falling first, now barely recovering. We don't know if it's going to be the most successful opening IPO in history but, right now, it seems they may have broken the record for the fastest traded record in history. Read More >>

rant
Facebook Is Going To Be Even More Annoying Now That It's Public

Facebook is public now. And that means you're going public too. Facebook has to make you share more. It has to make you expose more of yourself. It has to do all those deeply creepy it's already doing, but more more more. It is going to sell you to advertisers, to shareholders, to anyone it can. Read More >>

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Poor People Photograph Rich People on Times Square Jumbotron

Today is Facebook IPO day, which means a select group rich people will become richer beyond our ability to understand wealth. Outside the NASDAQ money castle, the peasantry has lined up, cameras in hand. Look, son—billionaires! Read More >>

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Reminder: The Facebook IPO Won't Make You Rich

It's Facebook IPO day! After months of SEC reviews and roadshows and profiteering, FB will finally take its place in the Nasdaq menagerie when markets opens at 9:30 EST. Time to start digging up your backyard bullion stash, right? Wrong. For the average guy the Facebook IPO is strictly Like, don't touch. Read More >>

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$16 Billion Facebook IPO Set for $38 Per Share

As had been expected, Facebook will debut on the Nasdaq tomorrow at a price of $38 per share. What's that mean for you? Not much. What's that mean for Mark Zuckerberg and Co.? Read More >>

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Facebook Will Offer Up 50 Million More Shares Than Expected

Facebook has announced that it will be selling an extra 50.6 million shares, at a price likely to fall between $34 (£21) and $38 (£23) per share, reports TechCrunch. That should snag them at least another £8.15 billion—and probably push their final valuation north of the expected £65 billion. Read More >>

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