FlameStorm

Tech IPOs have come a long way from the bubble of 2000′s and Zynga’s recent IPO is clear proof of that. Priced at $10, on the high end of the spectrum, it tanked to almost below $9. Those, hoping to make a quick buck by buying at the open left disappointed. TripAdvisor’s IPO suffered a similar fate by taking on a downward spiral on its first day. This leaves the scene pretty grim for Facebook, which is expected to launch its IPO in 2012. Right now, it seems to be a pretty safe bet to short these IPOs. What a far cry from 10 years ago. Times change.