One thought on “The truth about Facebook’s IPO”

  1. I don’t have a Facebook account. I detest what it is doing to privacy and I hate its walled garden.

    Yet those are the very things that make it potentially quite valuable. It has a defensible monopoly on something quite valuable. Think of it as an enclosure of the internet.

    So before and after the IPO, I have no idea how to value it.

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