The Facebook IPO Proves The New Rule That Private Markets Trump Public Markets |
| August 20, 2012 | August 2012 Bond Updates |
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The Facebook IPO is a cynical tale of selling cheap shares privately at peak rates of growth-- only to dump the shares on the unsuspecting public when growth suddenly slowed. Imagine; in the face of slower growth Facebook and its financial advisers upped the ante |
| View more at: http://www.forbes.com/sites/robertlenzner/2012/08/19/the-facebook-ipo-proves-the-new-rule-that-private-markets-get-the-best-deal/ |
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