Shares of facebook keep tumbling and bankers, investors and analysts wonder what’s wrong with the IPO of THE! technology debut in years.
I guess the answer is rather simple – the initial price was way too high. At least for buying other investment capital, which facebook still is.
But if you remember Amazon tumbled far below it’s IPO too, and then nearly quadrupled in a year and still is growing. So the facebook is not closed yet but gave a warning to investors that social is not selling itself but requires business models too.