GBR TrendWatch: Facebook IPO Will Fund The Next Facebook

$104 Billion – Facebook’s valuation on the day of its IPO tops every other IPO in history and there is plenty of criticism that Facebook shares are overpriced. Yet there is no doubt that more than a dozen people will turn from paper billionaires into actual billionaires today and if history repeats itself, then there is reason to believe that the wealth of Facebook will spread and enable an renewed innovator ecosystem of considerable proportions. For developers, it will pay, literally, to pay close attention to this IPO, even if they do not own Facebook stock. (more…)