Don’t believe the hype

In an article titled “It’s Becoming Clear That No One Actually Read Facebook’s IPO Prospectus Or Mark Zuckerberg’s Letter To Shareholders,” Henry Blodget sticks it to the whiners who are complaining about Facebook’s post-IPO price drop.

Good for him. Except that, as far as I can tell, he didn’t predict the fallout before it happened.

It’s Becoming Clear That No One Actually Read Facebook’s IPO Prospectus Or Mark Zuckerberg’s Letter To Shareholders – Business Insider.