Posts Tagged ‘Finance

IPO Aside, Facebook’s Long-Term Prospects Depend on Mining Unstructured Data

by   |   May 24, 2012   |   Leave a comment

Facebook’s stock slid after its initial public offering of $38 on May 18, closing at $32 on Wednesday. But the stock’s out-of-the-gate slide—and the onset of legal challenges that have hit the IPO process—are more of a reflection of Wall Street’s fixation on short-term gains and less a judgment on the long-term value of Facebook’s massive store of user-created unstructured data, according to veteran observers of technology IPOs. Read More…