Facebook share price IPO – an annotated graphic

Aside from a salutary lesson in investing in something intangible, in something that doesn’t actually exist – i.e. investing in digital “air” – the continuing slide of Facebook’s share price is also an illuminating glimpse in to the nefarious world of high finance, wherein the efficacy or otherwise of your product or service is almost an irrelevance, its future prosperity and stability inexorably tied to the whims and proclivities of a worldwide network of financially cavalier gamblers. Ah well, Zuckerberg has had a pretty good ride thus far and still isn’t short of a few quid today, regardless of having … Continue reading Facebook share price IPO – an annotated graphic