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“I Survived the Facebook Lockup Expiration”

Today’s big story is John Corzine’s new hedge fund the Facebook lockup expiration.  In case you’re living in a cave or you were Amish up until last night, Facebook currently has 420 million shares and as many as 271 million more just became eligible to hit the open market. We’ve been told for months that…

"I Survived the Facebook Lockup Expiration"

Today’s big story is John Corzine’s new hedge fund the Facebook lockup expiration.  In case you’re living in a cave or you were Amish up until last night, Facebook currently has 420 million shares and as many as 271 million more just became eligible to hit the open market. We’ve been told for months that…

Stranger Than Fiction!

The Facebook IPO just fucking broke 29 to the downside.  I’ve never seen anything like this in terms of hype turning to horror so quickly. My favorite contemporary folk artist, WilliamBanzai7 goes in on the social media madness below… Much more here: Social Media Confidential (Zero Hedge)