Mar 20, 2012 1:30 PM

For High Tech Companies, Going Public Sucks

Facebook will survive its IPO, but most companies aren't Facebook. Here's why Wall Street is the tech industry's worst enemy.

Felix Salmon (@felixsalmon) is an Ideas contributor for WIRED. He hosts the Slate Money podcast and the Cause & Effect blog. Previously he was a finance blogger at Reuters and at Condé Nast Portfolio. His WIRED cover story on the Gaussian copula function was later turned into a tattoo. ... Read more

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