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	<title>Betabeat &#187; Booting Up: Facebook&#8217;s Messy IPO Edition</title>
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		<title>Betabeat &#187; Booting Up: Facebook&#8217;s Messy IPO Edition</title>
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		<title>Booting Up: Facebook&#8217;s Messy IPO Edition</title>

		<comments>http://betabeat.com/2012/05/booting-up-facebooks-messy-ipo-edition/#comments</comments>
		<pubDate>Wed, 23 May 2012 08:29:27 -0400</pubDate>
					<link>http://betabeat.com/2012/05/booting-up-facebooks-messy-ipo-edition/</link>
			<dc:creator>Jessica Roy</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=47105</guid>
		<description><![CDATA[<p><div id="attachment_47110" class="wp-caption alignleft" style="width: 250px"><a href="http://nyobetabeat.files.wordpress.com/2012/05/zuck-oprah.jpeg"><img class="size-full wp-image-47110" title="zuck-oprah" src="http://nyobetabeat.files.wordpress.com/2012/05/zuck-oprah.jpeg" alt="" width="240" height="175" /></a><p class="wp-caption-text">(Photo: flickr.com/rubygoes)</p></div></p>
<p>This is a little tl;dr, but the key piece of information is this: "In one of the biggest IPOs in history, in which a huge amount of stock was sold to small investors, privileged Wall Street insiders once again got top-notch information...and individuals got the shaft." Color us shocked. [<a href="http://www.businessinsider.com/exclusive-heres-the-inside-story-of-what-happened-on-the-facebook-ipo-2012-5?op=1">Business Insider</a>]</p>
<p>A class action suit has been filed against NASDAQ for bungling Facebook stock orders; the SEC and FINRA are investigating issues surrounding the IPO. [<a href="http://www.reuters.com/article/2012/05/22/us-usa-markets-facebook-idUSBRE84L0PE20120522">Reuters</a>]</p>
<p>Stop using the word 'innovation.' [<em><a href="http://online.wsj.com/article/SB10001424052702304791704577418250902309914.html?mod=WSJ_Tech_LEFTTopNews">Wall Street Journal</a></em>]</p>
<p>We have a crush on Apple's "design genius" Jonathan Ive. [<em><a href="http://www.telegraph.co.uk/technology/apple/9283486/Jonathan-Ive-interview-Apples-design-genius-is-British-to-the-core.html">The Telegraph</a></em>]</p>
<p>"We would like it to be a fundamental tool for the liberation or the acceleration of our own creativity." - Perry Chen, cofounder of Kickstarter [<a href="http://gigaom.com/2012/05/22/kickstarter-founder-perry-chen-intervie/">GigaOm</a>]</p>
<p>Google + privacy makes for a scary story. Plus, "Secrets spilled across the computer screen" is a damn good intro. [<a href="http://www.nytimes.com/2012/05/23/technology/google-privacy-inquiries-get-little-cooperation.html"><em>New York Times</em></a>]</p>
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		<content:encoded><![CDATA[<p><div id="attachment_47110" class="wp-caption alignleft" style="width: 250px"><a href="http://nyobetabeat.files.wordpress.com/2012/05/zuck-oprah.jpeg"><img class="size-full wp-image-47110" title="zuck-oprah" src="http://nyobetabeat.files.wordpress.com/2012/05/zuck-oprah.jpeg" alt="" width="240" height="175" /></a><p class="wp-caption-text">(Photo: flickr.com/rubygoes)</p></div></p>
<p>This is a little tl;dr, but the key piece of information is this: "In one of the biggest IPOs in history, in which a huge amount of stock was sold to small investors, privileged Wall Street insiders once again got top-notch information...and individuals got the shaft." Color us shocked. [<a href="http://www.businessinsider.com/exclusive-heres-the-inside-story-of-what-happened-on-the-facebook-ipo-2012-5?op=1">Business Insider</a>]</p>
<p>A class action suit has been filed against NASDAQ for bungling Facebook stock orders; the SEC and FINRA are investigating issues surrounding the IPO. [<a href="http://www.reuters.com/article/2012/05/22/us-usa-markets-facebook-idUSBRE84L0PE20120522">Reuters</a>]</p>
<p>Stop using the word 'innovation.' [<em><a href="http://online.wsj.com/article/SB10001424052702304791704577418250902309914.html?mod=WSJ_Tech_LEFTTopNews">Wall Street Journal</a></em>]</p>
<p>We have a crush on Apple's "design genius" Jonathan Ive. [<em><a href="http://www.telegraph.co.uk/technology/apple/9283486/Jonathan-Ive-interview-Apples-design-genius-is-British-to-the-core.html">The Telegraph</a></em>]</p>
<p>"We would like it to be a fundamental tool for the liberation or the acceleration of our own creativity." - Perry Chen, cofounder of Kickstarter [<a href="http://gigaom.com/2012/05/22/kickstarter-founder-perry-chen-intervie/">GigaOm</a>]</p>
<p>Google + privacy makes for a scary story. Plus, "Secrets spilled across the computer screen" is a damn good intro. [<a href="http://www.nytimes.com/2012/05/23/technology/google-privacy-inquiries-get-little-cooperation.html"><em>New York Times</em></a>]</p>
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