Facebook goes public. Raises 16 billion. Third largest in history.

[Seraph]

Wait what, investors really didn't know that a nontrivial percentage of FB accounts are fake? How did they think Zynga maintained those growth numbers? Bitches be making 10 FB accounts so they can trade FarmVille items to each other.

I'm sure many knew, but you actually have FB itself admitting this now (and conveniently after the sellout). I think it is also pretty obvious that the numbers are probably deflated from reality. With that said, it's pretty bad to hear that something near 10% of your total business prospects are bullshit. The bots are working hard to keep the price over 20 though. It's still floating around 19.9 now with a decent volume.

[hey]

Huh, i would have expected it to me a lot higher. I think my mom has like 6 accounts.

[Kerberoz]

Seriously, only 10%? Figured it would be more like half. Need to stop overestimating peoples' dishonesty intelligence, I guess.