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Is Facebook's IPO an exit strategy?

Feb 03, 2012, 17:04 (1 Talkback[s])
(Other stories by Ken Hess)

[ Thanks to Ken Hess for this link. ]

"It's no secret that I'm not a huge Facebook fan. All you have to do is read some of my other posts on the topic. I think Facebook's IPO comes at a time when Facebook is on its way out–out of our lives and out of our gadgetry–for good. I believe that a lot of people have discovered that it's a waste of time and computing resources. It was cute for a while but now, they're trying to rekindle interest in this juvenile phenomenon by issuing this IPO. It's silly but it will make megamillionaires and billionaires out of people who aren't qualified to deliver pizza. Crazy stuff, that."

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