While some analysts fear that Facebook’s “less than stellar” IPO performance might dissuade other similar companies from going public, at least not soon, others believe no real harm was done and tech companies and social networking companies should not be discouraged.
"Whether Facebook is worth $95 billion or $100 billion, it's immaterial," said Jeremy Liew of Lightspeed Venture Partners. “Either way, he said, it is a lot of cash.”
Liew has financed daily-deal company LivingSocial and others.
"I personally don't think it's going to hurt the tech IPO market hardly at all," said Dixon Doll of DCM.
Sorry, comments are closed for this post.