You know what’s crazy? I’ll tell you what’s crazy.™
Facebook sinking faster than a cinder block in a Mississippi bog.
Facebook was the toast of the globe when it launched it’s IPO.
It was the ultimate LIKE.
It was a request by flying hogs to eat bacon at the Farmville Waffel House.
Facebook insiders were becoming billionaires.
The company was a rising dollar sign of pie in the sky dreams.
Zuckerberg stood on the stage at the NYSE in his bland hoodie and he owned the world.
He looked like the next big thing. He was Steve Jobs of social media.
Then like a torpedo blowing up in the tube, Facebook exploded. It crashed like the Hindenburg at a welder’s convention.
When the stock opened, it seemed like a sure thing. Yeah a sure thing like capturing smoke in a box.
In the days and months since, the stock crashed like a shopping cart in an unlevel parking lot. The stock has lost valuation faster than a Dallas Cowboy Cheerleader without a boob job.
Zuckerberg lost not only friends but investors who sold as fast as they could.
Zuckerberg has lost 9 billion in wealth. I hate losing 10 dollars. Can you imagine losing the gross domestic product of a small nation.
Zuckerberg reportedly addressed employees telling them the next few months could be painful.
That’s like telling an amputee walking might be a challenge.
“We want you to have faith,” he said.
Faith. Isn’t that a George Michael song?
Investors don’t want to talk about faith when they are losing their shirts.
Sadly faith is all Facebook investors have left after stock prices plummeted from $38 to $19
Perhaps it reinforces the idea that companies that don’t make anything are destined to stall economically.
I don’t care if Mark Zuckerberg loses money. He seems like a pompous ass. But I hate it for all the investors who believe in this company like they believe in a friend.
So the next time someone pokes you from facebook, punch them in the face and tell them to go back to work.
and that is crazy.™