Facebook Going Public Tomorrow

Bet those guys at Myspace really wish they had a better business model eh? At $38 a share the company is looking at raising $16 Billion themselves and value at $104 billion. The 2nd largest U.S. IPO in history behind Visa in 2008. A more interesting note. U2 lead, Bono is a heavy hitter in the company and is looking at a bundling of $1.5 billion from the IPO. Making him the richest rock star in the world. This is an interesting story about his failures and finally success in the tech markets. Claiming that he was the worst investor in America at one point.