Facebook is the worst performing IPO of the decade

By Siddharth Parwatay | Published on Jan 01 1970
Facebook is the worst performing IPO of the decade

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Well it’s official now: According to Blooomberg Businessweek, after five days of trading Facebook has been declared the worst performing IPO of the decade.  We bet the investors are not going to “like” this one, are they?

The decline is apparently because information was selectively supplied to large institutional investors and not smaller individual investors.  It’s now down 16 per cent from what it opened at.
 
But screw all that. What’s even more important is that Digit played nostradamus back in March and  actually predicted this. Check out our March issue cover below. Prophetic isn’t it?

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Siddharth Parwatay

Siddharth a.k.a. staticsid is a bigger geek than he'd like to admit. Sometimes even to himself.

Digit caters to the largest community of tech buyers, users and enthusiasts in India. The all new Digit in continues the legacy of Thinkdigit.com as one of the largest portals in India committed to technology users and buyers. Digit is also one of the most trusted names when it comes to technology reviews and buying advice and is home to the Digit Test Lab, India's most proficient center for testing and reviewing technology products.

We are about leadership-the 9.9 kind! Building a leading media company out of India.And,grooming new leaders for this promising industry.