What’s taking so long? According to Bloomberg TV, NASDAQ is having problems handling such a large IPO, causing delays in launching the stock. Zuck’s a programmer — perhaps they should put him on the case. EDIT: CNBC is reporting that the delay is causing NASDAQ’s stock to fall.
Mark Zuckerberg ringing the opening bell. Sample comment from YouTube: “wears a suit in front of obama every time….wears hoodies errr where else (including) ipo investor meetings….BOSS” The video is currently at 2 likes, 19 dislikes. To which we say: If you had invented Facebook, you would’ve invented Facebook.
hungjurist asked: Hey, great blog. I'm seeing a lot of criticism about Glenn Greenwald and the Post's claims that the NSA had/has "direct access" to servers. The Nation's Rick Perlstein, for instance, quotes web publisher Mark Jaquith that the “direct access” line is “the difference between a bombshell and a yawn of a story." Do you think there's validity to this line of thinking or is it just more attempts to minimize larger issue by blaming messenger? (Oh, and congrats on the book being published. Looks cool.)
They were doing just fine before, but Facebook’s biggest minority owners are about to be catapulted into a far more elite bracket. As we ponder what they’ll do with with new millions (or billions in some cases), here’s a look at what got them where they are today.