Facebook Not Feeling Friendly With Nasdaq
dealbook.nytimes.com
Facebook Not Feeling Friendly With Nasdaq
1–10 of 38 posts
Re: Facebook Not Feeling Friendly With Nasdaq
#2"For more than two decades, Silicon Valley has played a vital role in Nasdaq’s evolution,” said Joseph G. Christinat, a Nasdaq spokesman. “Nasdaq will always strive to be part of the Valley’s start-up ecosystem."
Maybe the Valley needs to start its own exchange.
Re: Facebook Not Feeling Friendly With Nasdaq
#3Facebook feels manhandled? Now it knows how it's users feel when it: changes privacy settings, makes profiles public, sells information to advertisers, tracks browsing habits outside of Facebook, and comonderes e-mail addresses. Fuck you Facebook. Your little butt-hurt whining means nothing to most people as you made billions off the deal anyway.
Seriously, Facebook screwed many people over in its short life. I can't help but get a little satisfaction out of their IPO issues and lower stock price.
Maybe if they at least pretended they gave a shit about anyone other than themselves they'd get more empathy from guys like me.
Boo hoo.
Re: Facebook Not Feeling Friendly With Nasdaq
#4"For more than two decades, Silicon Valley has played a vital role in Nasdaq’s evolution,” said Joseph G. Christinat, a Nasdaq spokesman. “Nasdaq will always strive to be part of the Valley’s start-up ecosystem." Maybe the Valley needs to start its own exchange.
Now THAT would be a disruptive product.
Especially if it were run by non-typical "Wall street suits" types.
Paging Elon Musk? (Nah, kidding, he has more important things to focus on)
Re: Facebook Not Feeling Friendly With Nasdaq
#5Facebook needs to stop blaming everyone else for their failed IPO. NASDAQ didn't cause people to dump the stock days after the IPO. No, those were caused by stories of FB's overvaluation, GM pulling out and their inability to monetize mobile.
Re: Facebook Not Feeling Friendly With Nasdaq
#6"For more than two decades, Silicon Valley has played a vital role in Nasdaq’s evolution,” said Joseph G. Christinat, a Nasdaq spokesman. “Nasdaq will always strive to be part of the Valley’s start-up ecosystem." Maybe the Valley needs to start its own exchange.
This is quite an interesting thought.
How would this work? What would need to be done.
Pros, cons?
Re: Facebook Not Feeling Friendly With Nasdaq
#7"For more than two decades, Silicon Valley has played a vital role in Nasdaq’s evolution,” said Joseph G. Christinat, a Nasdaq spokesman. “Nasdaq will always strive to be part of the Valley’s start-up ecosystem." Maybe the Valley needs to start its own exchange.
Interesting idea.
Anybody know what's involved in actually doing that?
Is it just a matter of filing some paperwork with the SEC and then convincing enough people to use it?
Re: Facebook Not Feeling Friendly With Nasdaq
#8One thing I don't understand is why the media portrays Facebook as "botching" its IPO. If anything, didn't the company make out with a better deal than their market value? How is this bad for Facebook? It's only bad for investors, if they invested in Facebook before its market value dropped, right?
Also, I'm sure the investors and underwriters knew that there's a significant amount of uncertainty and risk when investing in new technology companies, especially with industries that have never been around before.
I feel like this is just the media circus trying to blow things out of proportion.
Re: Facebook Not Feeling Friendly With Nasdaq
#9"For more than two decades, Silicon Valley has played a vital role in Nasdaq’s evolution,” said Joseph G. Christinat, a Nasdaq spokesman. “Nasdaq will always strive to be part of the Valley’s start-up ecosystem." Maybe the Valley needs to start its own exchange.
It has been proposed and it is already being counter argued: http://www.forbes.com/sites/stevedenning/2012/06/29/is-long-... (look under A long-term sharemarket?)
Re: Facebook Not Feeling Friendly With Nasdaq
#10Everyone is blaming NASDAQ for issues that are not inherently NASDAQ's fault. The IPO "flopped" not because of the exchange but because demand wasn't there. Switching to NYSE won't magically change the price (and I'm pretty sure the price would have fell on the opening day if they listed on NYSE).