Facebook Inc (NASDAQ:FB) caused waves across the financial markets when it first offered its shares to the public in May. Tech companies have been hit the hardest by the offering and many are rethinking their business plans going forward. What many thought would be the epitome of a new tech bubble turned out to a possible depression in the sector. Since that disaster many firms have delayed their IPOs and many are citing Facebook’s performance and the poor market conditions resulting from it for those decisions. While that makes sense, given the effect the IPO has had on confidence, but…
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