After hitting the market hard, then getting hit hard by the market, Facebook’s tumultuous IPO has hit a new low, closing at $28.84 yesterday and losing more after hours to rest at $28.69. Some of the “smart money” made claims last week and before that they were going to wait until Facebook went south of $30 before buying. That time has come. Will they buy? The answer would probably be yes if it weren’t for foolish semi-confirmed reports that Facebook is building a phone. If the rumors turn out to be true, many will run from the risky endeavor which would take the virtual world of social media and add in…

Day one was a disappointment as there was no “pop”. Day two was even worse, showing the shares slide 11% to close at $34.03. Is this a bad sign for the long term? No. Not necessarily. The new billionaires in Palo Alto will not become millionaires any time soon and the shares aren’t going to drop much further than they already have. They likely won’t go much higher than their IPO value, either, until some big news about how the infusion of money is being invested hits the wire. Until then, expect a few gains, a few losses, and an overall stabilization of the stock for the next few weeks. This was all created…

Social media enthusiasts have been all a-Twitter about Facebook heading into an IPO that could be valued around $1 billion US dollars. While Facebook founder Mark Zuckerburg is often in the social media spotlight, co-founder Eduardo Saverin has been living in Singapore as an investor who’s been doing more partying than he has investing. Many only know Saverin as the shy, intelligent co-founder of Facebook portrayed by Andrew Garfield in The Social Network. In the film, Saverin was ultimately defriended on a much larger scale and forced out of Facebook by Zuckerburg, portrayed by Jesse Eisenberg….

While there is definitely a lot of interest in Jimmy’s Fish Stick Company’s upcoming IPO, the main focus is on Facebook. The social networking giant has the most anticipated initial public offering in history that will likely value the company in the 12-digits. Whenever something is this big, someone is bound to make a fact-sheet on them. That’s exactly what MBAOnline.com did in this infographic. Click to enlarge. Created by: MBAOnline.com Related articles #Facebook IPO: It’s NOT A Double Rainbow But What Does It Mean [Infographic] (anisesmithmarketing.com) Facebook IPO Particulars [Infographic]…

Play time is over. It’s time to get down to business. That’s the semi-embraced mantra at Facebook, depending on who you talk to. The alternate mantra being felt in the Facebook underground is about how to keep the party going and still cash in. Publicly, CEO Mark Zuckerberg is in the first camp, but most people can tell by his actions as well as by reading between the line through some of his statements that his heart is with the second camp. It could be argued that Facebook is where it is because it was built with the idea that revenue was an engine for innovation, not the other way around. They have become…

The internet world is still talking about Facebook’s $1 billion purchase of photo sharing service Instagram, which marked the biggest acquisition in its eight year history. This deal surely resulted in a nice payday for the people behind Instagram, but why Facebook? Why not other players in the social space, namely Twitter or Google+? Well, Twitter expressed that it wanted to buy the service, but decided to pass. Google flat out said it wasn’t interested – sure. All that aside, Facebook and Instagram is just a better fit. Here’s why:   The user experience People are infatuated with…

The Social Network portrayed jilted Facebook co-founder Eduardo Saverin as a victim. His character portrayed by The Amazing Spiderman’s Andrew Garfield was trying his best to implement profitable strategies at the startup while Jesse Eisenberg’s Mark Zuckerberg and Justin Timberlake’s Sean Parker partied their way to not-so-accidental success. Now, with 2% of the company heading into an IPO that could be valued near $100 million, Saverin is about to have enough money to maintain his partying ways in Singapore. While Zuckerberg is often spotted walking his dog or driving his Acura, Saverin…

Facebook was started in a dorm room at Harvard, so it’s fitting to see that the social network is most popular there when compared to other Ivy League schools. What started off as a play for exclusivity has opened up to become one of the most prolific web companies of all time. With nearly a billion users and a multi-billion dollar IPO around the corner, the project can be considered a success. This infographic breaks down how Facebook stacks up at Ivy League schools. Compiled By: OnlineUniversities.com Related articles Facebook plans to raise up to $12 bln in mega IPO (firstpost.com) Facebook looking…

Seen The Social Network? Well, they might need to remake the movie if what Paul Ceglia claims turns out to be true. He claims that he gave Mark Zuckerberg, the creator of Facebook, $1,000 to fund the project with the understanding that he would maintain 50 percent ownership, with more possible if the project was not completed by a deadline. This one might actually be legit. Paul Ceglia, who has taken Facebook to court before and lost and has been convicted of fraud, has refilled a law suit against Facebook, bringing bigger guns and bigger evidence with him. A significantly larger law firm is backing…

Straight outta the ‘Things You Probably Don’t Care To Know’ department comes Mark Zuckerberg’s new dog, Beast. Now, you might think this isn’t Techi material, but let’s get one thing crystal clear, here: this dog is immeasurably adorable, and if there is one axiom of the universe, it’s that cute things run the internet. That all eight-week-old Pulis (a particular breed of sheepdog) are more or less precisely this cute is completely besides the point, here. I guess Zuck isn’t just a hoodie-clad anti-privacy golem after all. He has a heart – or at least a wise PR team. Obviously, you want to smother…