An internal JPMorgan sales document for Facebook's (FB) IPO cites Mark Zuckerberg as a "risk...

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mogando Comments (312)
 
duh .... when the CEO can do whatever he wants without any checks and balances from the board and shareholders, then it's a dangerous slope. pray that he knows what he's doing and not throwing more billions down zero rev things like instascam.
4 May 2012, 12:09 PM Reply Like

Dr. V Comments (1180)
 
exactly, and the only reason ANY company does an IPO in the first place is to service debt that has gone sideways, and the company has lost control.

1) If the product was so hot, why all the exit payouts? 2) Why all the debt for that matter?

3) Where is the actual success story here?

Those are the questions nobody is asking. Company has to do an IPO to payoff debt, and C-Officers are building Villas?

Pay attention to what's going on here, the SEC sure isn't. But mind you, it only took them 25 yrs to nail Bernie Madoff.

Nine (9) PE firms that want theirs back NOW, one of them will have a nine (9) Billion USD payout, FB had better hope they can cover that exit payout, alone.

Want to get in on FB? Get in on the short, that's where the REAL money will be made.
6 May 2012, 09:37 AM Reply Like

ATG1977 Comments (157)
 
What would happen if everyone left fb like they did myspace? Fb would go to shiet - wouldn't be a need for no ipo
5 May 2012, 12:15 AM Reply Like

sandiegosam Comments (14)
 
Paying 1 billion for instagram is an admission that FB business could crumble overnight if its users defect. It says to me that the business is not bullet proof. Who can bash Zuckerberg - he made an existing mousetrap better and created more wealth in less time than perhaps anybody in history. The American dream!
5 May 2012, 01:07 AM Reply Like

Dr. V Comments (1180)
 
The mere mention of JPM Chase being involved in the IPO, has caused shares in JPM Chase to plummet.

That's the word among the big boys, and you have seen their reaction, sell off and close ranks.
5 May 2012, 06:02 AM Reply Like

Thomas ON Comments (12)
 
I am suprised apple has not mimicked factbook with its
facetime it would have a live video component
5 May 2012, 03:12 PM Reply Like