Just curious, what was FB going to do with all the money they thought they were going to raise?
Did you mean what IS FB going to do with all the money they raised?
For FB the IPO was a tremendous success.
Hookers and blow in Vegas.
Play Mafia Farms (or whatever they play over there). :-)
CA Governor Jerry Brown was hoping the new FB Millionaires and Billionaires would pay off the $16 Billion Dollar Deficit and throw in a few extra bucks for High Speed Rail.
Obama just wants the money for his Reelection.
I'll bet most if not all of any money “donated” will go to Pharaoh Obama. Jerry Brown won't get a dime except for some Capital Gains Taxes. It won't change a thing. If Democrats have money, they spend every last dime and beg for more. It's their nature.