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It's easy to forget how sky-high expectations were for the Facebook IPO. The day before the company went public, some investors reasonably assumed that by the close of the market, Facebook would be worth $140 billion since the average first-day pop for tech companies was 32%
Forbes also urged investors to "Buy Early And Buy As Much As You Can.
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While just about everyone is sick and tired of the constant barrage of patent lawsuits among smartphone vendors, it seems that tech companies themselves keep plugging precious resources into suing one another despite having fairly little to show for it.
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With the launch of the Samsung Galaxy S4, Samsung has to be feeling pleased with itself. After all they have launched one of the most anticipated smartphones of 2013, regardless whether some of you think it was a complete bust or the next best thing.
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We learned during the dot-com boom, and the subsequent bust, that it takes real money to build the Internet, meaning that the growth of online advertising, e-commerce, social networking, and all the rest doesn't offer a magic formula for profit.
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