Of course human beings never learn so here we are. Facebook just went public and as of this morning, it’s worth over one hundred billion dollars! That makes no sense to me because despite their 900 million users, this is basically a website that could conceivably be replaced very quickly by a competitor in the...

Reuters is reporting that Facebook Inc may be looking to go public in the period between April and June 2012. They speculate that the valuation of the company may be as much as $100 billion. The social media giant is considering raising as much as $10 billion in its IPO, the report said. Facebook will be the largest...