Thursday, 24 May 2012

Facebook's IPO disaster shrugged off by Silicon Valley

...Steve Blank, a start-up entrepreneur who teaches at Stanford University, said: "They twisted the arms of their bankers and sucked dry the maximum amount of money they could. They went home laughing. Should they have done that? Probably not. But if they can deliver profits all will be forgiven."
(Photo: TimN)

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