Facebook IPO With ~10 Billion War Chest Could Just Buy Apple And Grow

The Facebook IPO will deposit somewhere between six and 20 billion dollars into cash. Facebook could ignore all the naysayers (about how this IPO is the most foolish in the history of IPOs) and just buy a huge position in Apple and see its stock appreciate.

But what will it do with US$10 Billion? Hopefully not buy more Instagrams,

Read the Full Post on Forbes.

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