So now we've had a weekend to digest Facebook's less-than-spectacular IPO. The stock is trading below the offer price. Investors remain underwhelmed. What have we learned?
Well, one thing that seems clear is that the world could survive without the social-media behemoth.
Facebook has nearly 1 billion users. That's darned impressive. But does it make for a sound investment?
Not so much. I can't speak for others, but my Facebook experience is largely confined to checking out the mundane doings of old pals and ex-girlfriends. There's a voyeuristic, stalky, fly-on-the-wall appeal that's undeniable.