nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. the glitches kept some traders in the dark for more than two hours. one man with a lot of advice for mark zuckerberg is steve kates, former ceo of aol. the first internet company to go public. had he some great times and not-so-great times. he s out tonight with advice for mark zuckerberg and a plan to get more facebooks in this country. steve, great to see you. i know you ve got to say i know how some of this feels wanting to pick on you. what do you think happened to facebook? i think it is a great company. it started eight years ago. now as 900 million users in the market cap it closed at something like 90 million. i think it was 10% from the offering. now it is about $90 million. it is amazing a company just started eight years ago has had that kind of success. aol went public 20 years ago. i think our market value was $70 million and we raised $10 million. nobody be
good evening, everyone. i m erin burnett. outfront tonight, facebook face down. here are some of the headlines. the drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put imi hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and clorox in a day. poof, gone. the road doesn t end there. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. the glitches kept some traders in the dark for more than two hours. one man with a lot of advice for mark zuckerberg is steve kates, former
was it fair? let s go outfront. good evening, everyone. i m erin burnett. outfront tonight, facebook face down. here are some of the headlines. the drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put it mildly, one of the most highly anticipated offerings in american market history hasn t lived up to the hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and clorox in a day. poof, gone. the road doesn t end there. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. th
i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and tlor rocclo day. poof, gone. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. the glitches kept some traders in the dark for more than two hours. one man with a lot of advice fr for mark zuckerberg is steve case, former ceo of aol, the first internet company to go public. had he some great times and not-so-great times. he s out tonight with advice for mark zuckerberg and a plan to get more facebooks in this country. steve, great to see you. i know you ve got to say i know how some of this feels wanting to pick on you. what do you think happened to facebook? i think it is a great company. it started eight years ago. now as 900 million users in the market cap it closed at something like 90 million. i think it was 10% from the offering. now it is about $90 million. it is amazing a company just sta
let s go out front. good evening, everyone. i m erin burnett. out front tonight, facebook face down. here are some of the headlines. drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put it mildly, one of the most highly anticipated offerings in american market history hasn t lived up to the hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and tlor rocclo day. poof, gone. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. the glitches kept some traders in the dark fo