The Scariest Thing For Anyone Thinking About Buying The Facebook IPO
Here’s the scariest thing to come out of Facebook’s updated financials yesterday: The company’s growth is rapidly decelerating.
Last quarter it was only up 45%. The quarter before that it was 55%, and the quarter before that it was 104%. 45% is good for most companies, but for a company that’s supposed to be a hot IPO it’s underwhelming, as is the growth trend