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Cows are like buffalo...EXCEPT they're NOT as huge, athletic, and ridiculously good-looking. Confused? Pay attention to key words if you want the real deal.

Pricing Facebook for the Public

Pricing Facebook for the Public

The stock has to get priced, and this is tricky, because there is a meaningful conflict of interest between Facebook and the syndicate. Think about your parents selling their house and the dynamics with the realtor. Add a dash or three of emotions on all sides.

The realtor wants to get her commission: say it's 5%. The realtor knows that the house could sell for $1.5 million, but your parents are asking $1.7 million, which the realtor thinks is possible, but it might take a lot of time until...

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