Facebook is down almost 12% now.

[Tony_FLADEM]

http://finance.yahoo.com/q?s=FB&x=29&y=18


Mark Zuckerberg was worth $19 billion when the stock opened at $38. He has lost about $2.28 billion in wealth today.

[Atman]

1. I hear Pricilla is already packing her bags!

[TBF]

5. Priscilla can take care of herself.

That smart lady just graduated from medical school, while Mark as it happens is a college drop out. He is lucky to have found her and she may well be supporting him if Facebook goes the way of MySpace ...

[former9thward]

12. You really can't believe that can you?

Zuckerberg will always be a billionaire. He has billions outside of his paper holdings in facebook.

[TBF]

14. Nah, I know - but I'm also tired of folks going off on his wife.

It's not like he picked her up at a bar a couple months ago. They met when they were students and she is very accomplished in her own right. She may not be a billionaire, but then again if you're at all familiar with my posting you know that I don't value people based upon their net worth.

[leveymg]

2. Eight more days!

He can borrow my can opener. Poor, poor boy.

[gratuitous]

3. Oh noes!

Don't tell me this was some over-hyped popular media phenomenon! It was The Most Important Story of the Week, and everyone had to know everything about it, except for the part where it made less difference than a fart in frying pan to 99% of the audience.

[Spazito]

13. LOL!

"...except for the part where it made less difference than a fart in frying pan to 99% of the audience."

So funny and so true!

[klook]

4. Maybe they can merge with AOL/Time-Warner

Throw in MySpace for good measure.

[Jello Biafra]

6. They ever shutdown FB for an extended period of time....

Price goes down to zero.......

[Plucketeer]

7. GOOD

[closeupready]

8. Isn't there a year waiting requirement for Zuckerberg to sell

his holdings? I believe it's an SEC rule, anyone know?

So in other words, he's worth $19B today, but if the stock ends up at $19/share after a year, he will be worth $9.5B, if he sells at that price.

[KurtNYC]

9. the way they value stock worth is vary flawed

It ignores the dynamics of suppy and demand. If Suckerberg dumped all his stock and sold at whatever the market would pay it would never have be remotely close to $19 billion.

This IPO was designed to fleece ("excite&quot the "retail investor" and it is failing in that.

[WI_DEM]

10. how will he survive?

[Marr]

11. Dumb question-- what is the 'business' side of Facebook?

There's a little advertising, and they apparently sell their user's information... but is that it?

[Tony_FLADEM]

15. The "business side" is having people recommend certain products or businesses and the assumption

the friends of people who do the recommendation will show an interest.

[TBF]

16. I think that's about it

but I could be wrong. Note that with millions of users worldwide, however, that's quite a little bit of data mining.

[closeupready]

17. I suspect they help collect intelligence, though

I'm not sure if there are laws regulating how that information is shared, or even if laws prohibit sharing information with law enforcement without a court order.

[leveymg]

18. Secret Policemen Around the World Agree:

People - use Facebook to plan and mobilize your next revolution.

Governments just love the ease of having to monitor only a single source. Try it in your next counter-insurgency operation!