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.