Facebook IPO draws lawsuits
Original post made on May 29, 2012
Read the full story here Web Link posted Tuesday, May 29, 2012, 4:27 PM
on May 29, 2012 at 5:02 pm
I used FB less and less these days and so do my friends. I looked at it about once a week and have NEVER bought anything from the site. I don't even look at the ads. It was fun for the first year but it doesn't hold my interest anymore.
on May 29, 2012 at 5:10 pm
Facebook itself is irrelevant. This is going to have long term ill effects on the tech industry and Silicon Valley.
on May 29, 2012 at 8:56 pm
Funny, most of the people into this idiotic financial play though they were going to rip off everyone else and get fabulously wealthy, like the Dot.Com boom. It didn't work out that way and now they want to cry about it. Facebook is so overly simplistic - do nothing - useless - data collecting website why anyone would pay a penny for the stock is beyond me.
Not to mention the rip off of the whole patent system protection of the most stupid obvious ideas - like the trash can, or the little boxes that pop up over stuff when you most over them. There are things that anyone would think of and need to have the freedom of doing. All of this is just a setup for everything continually being owned and controlled by the same people with the same bad intentions.