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Say goodbye to Web 2.0 as moneymaking machine
www.statesman.com
[Austin American-Statesman] - As The New Yorker's John Cassidy pointed out in one of the more perceptive prelaunch pieces, the problem is not that Facebook doesn't make money. It's that it doesn't make that much money, and doesn't have an obvious way to make that much more of it
Facebook has not imploded world of IPOs
www.irishtimes.com
[Irish Times] - Financial writer John Cassidy summed up why this is a serious concern for the technology industry in a blog post for the New Yorker's website. “The IPO system only works if it preserves a balance between public and private investors.
Google News: Son tiempos raros en la economía mundial
[Analítica.com] - Como recuerda John Cassidy en el New Yorker, la primera IPO de la llamada burbuja puntocom fue de una suerte de predecesora de la red social, Theglobe.com, hoy fenecida. También generó furor para luego desplomarse como un castillo de naipes.
Google News: Who's to blame for Facebook's stock debacle?
[The Week Magazine] it's clear that CEO Mark Zuckerberg and other "insiders — the company's founders, employees, and venture-capitalist backers — had bagged most, if not all, of the company's value for themselves," says John Cassidy at The New Yorker.
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