Entrepreneurial Lessons From The Disastrous Mistakes In Facebooks IPO Decision
Company run by technology, pauses with a technological glitch
Technology is manmade and for a fact – man itself is unpredictable and having extreme hopes on technology is pointless. The whole NASDAQ drama that day was very cinematic – the most reputed and technical stock house tripped over its own technology at the much awaited moment of Facebook going IPO. Mark and his men should have ran into the server and pulled out the bug and add the Facebook tag on it. These guys are really capable of such things but maybe ‘Mark’ followed the principle of ‘Patience is virtue’ but it didn’t help him though.
