Letdown of the Year winner: Facebook's IPO

November 8, 2012

The biggest letdown of the year, you said, was Facebook's IPO by a huge margin. The social network’s failure garnered almost as many votes as the other three candidates combined.


The IPO had all the ingredients of an investment soap opera, namely unmitigated hype and not a whole lot of substance to back it up. Mix in a level of corporate maturity that throughout Facebook's history has wavered between promising-but-ignorant toddler and petulant teenager and it's easy to see why things have gone from bad to worse since the company went public in May.
And what did our readers say?

"Facebook IPO without a doubt." -  "Beatles Fan"


This category also elicited a lot of responses about other letdowns that didn't make the final voting list.

"Allowing shows like American Idol, X-Factor and Honey Boo Boo to continue. The Bachelor/ette shows too, they've proven it's trash and no one stays together - just end it already." - ";p"


What to Read Next

Hilton HHonors™ Card

Get 75,000 Hilton HHonors™ Bonus Points! Terms Apply. Offer ends 5/4

How much can you actually save by refinancing?

Rates now at 3.11% APR 5/1 ARM- $250K for $972/mo. LendingTree's simple online tool to help determine how much you could be saving by refinancing.

Wireless Home Surveillance for $9/Week

Secure your home for only $9/week and get a FREE wireless camera & security system valued at $850! Get info. ADT Authorized Dealer

Single and over 45?

There are thousands of singles online now! Find your next date here. Click to browse profiles and pics for free!

Need Mother’s Day Deals?

Find ways to save on Keurig, KitchenAid, FitBit and buzz-worthy styles in Target’s Weekly Ad.

Heartburn During Pregnancy

Dealing With Pregnancy is Hard Enough. Getting Heartburn While Pregnant is a Pain. Learn What Causes Heartburn During Pregnancy.