[adgar]

Here's how real people think about a hyped, flop of an IPO:

People don't like the feeling of being sold something for more than it's worth. We call that being "ripped off," and most folks don't take too kindly to it. I believe you described this as getting a "fair amount."

People also don't like the folks who rip off other people. It's kind of a dick move to rip someone off. Those folks tend to do quite well, yes. That's FB in this case, who as you note made out just swell.

People especially resent it when those guys get incredibly wealthy by ripping off millions of people.

> Facebook is obviously smart enough to think for the long term. I don't trust the financial machinery to do that.

I think we can all agree - there's nobody we can trust more than Facebook to rip us off properly.

[tedunangst]

??? Who are the millions of people who got ripped off by Facebook?

[mark_integerdsv]

I'm with you.

It still baffles me how anyone could think that this IPO was about anything but making vulgar amounts of money for Facebook.

I guess the label is now more accurate than ever: "...dumb fucks."

[acdha]

What IPO isn't about making money for the company? Only the VC pump-and-dump scams, not anything you want to be part of

[adgar]

Most companies' IPOs don't include going to great lengths to successfully offload far more of their shares at a significantly higher price than the shares could sustain.

There's a big difference between leaving money on the table and riding the hype wave for all its worth. Plenty of room for reasonable compromise.