Man this US decline is getting serious. We can’t even do an IPO for a BS company right anymore! — Doug Henwood on Facebook
The current Silicon Valley bubble has popped. We just moved here. There is much rationalization, hand-wringing, and blame-tossing going on in local startup-oriented blogs about why the Facebook IPO was a dud. Going forward, this Facebook flop will unquestionably hurt startups, venture capital funding, and mad dreams of riches by geeks.