A week into Facebook 's debut on the market , its price was down . Aswath Kumar : Facebook 's IPO failure was because of ineptitude . Damodaran : Do n't assume that bankers and investors know what they are talking about .
A week into Facebook 's debut on the market , its price was down . Aswath Damodaran : Facebook 's IPO debacle was result of ineptitude . Damodaran : Do n't assume that bankers and experts know what they are talking about .