article thumbnail

After Facebook's IPO flub, value of tech startups falls back to earth

www.theverge.com

Microsoft, Google, and Apple are all hoarding mountains of cash, and Mark Zuckerberg has shown that he isn’t afraid to put his newfound riches to work, with numerous acquisition in the past few months (Instagram, Glancee, and Face.com to name a few). Check out this article from CNN back in August 2004 and the GOOG IPO troubles.

IPO 48