Bloomberg: Facebook Worst IPO Flop of the Decade


Somehow I don't think Mr. Zuckerberg and his IPO billions gives a rat's ass what Bloomberg thinks. Anyone with half a brain knew better than investing in MySpace 2.0.
Based on the first five days of trading, the IPO did even worse than MS Global, a company that is now in bankruptcy, markets reporter Sheila Dharmarajan said on Bloomberg TV today. "It really goes to show the magnitude of the flop of the Facebook IPO," she said.