The Facebook IPO: Three observations

Unless you’re holed up inside the Diefenbunker, it’s nearly impossible to ignore the hype over Facebook issuing shares on the stock market tomorrow.

Since trading in stocks should, in principle, involve a little bit of knowledge about the product(s) made with the fruit of financial gains, I think it’s a fine time to share a bit of insight into how Facebook currently fits into my little dust-speck of the social media universe. Continue reading