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Saturday, March 05, 2011

Bundling Investors

Image representing Facebook as depicted in Cru...Image via CrunchBaseFacebook not going IPO is real bad news for the average investors, people who might buy 10 or 20 stocks at $100 each. The growth in wealth that Facebook might see as it moves from a $10 billion valuation to a $50 billion valuation and beyond, all that is going to rich individuals and institutions. If Facebook had gone IPO at a billion dollar valuation, the 50 billion in wealth creation might have gone to average people.