Why did Facebook go public? Twit-wisdom says: "because they couldn't figure out privacy settings either." You can always count on Twitter for active response to what's going on on Facebook. And, boy, do people have jokes.
Starting with late-night comedian Conan O'Brien with his nod to the IPO: "Today, Facebook went public, just as MySpace's last user went private."
Another reference also beat up on Facebook's predecessor. Thomas Towell wrote: "Facebook goes public; MySpace goes public urinal."
There were comparisons of the extended delay in trading Friday morning to a couch-potato Christmas tradition. "Watching $FB UNCHANGED $38 since 9:30 this morning is the stock market equivalent to staring at the Yule Log on TV at Christmastime," wrote Paul LaMonica on StockTwits.