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Daily Digit: Zuckerberg's $5.8 Bln Cut

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Daily Digit: Zuckerberg's $5.8 Bln Cut
AIRED:
The Daily Digit is $5.8 billion. Mark Zuckerberg has lost that much money on paper since he took Facebook public almost one year ago, on May 18th. From the get-go, it was a downward spiral for the stock. First, a computer glitch made Nasdaq halt trading during the debut, later Zuckerberg had to face the big question -- how was he going to make enough money on the social network to satisfy investors. Looking at Facebook's consecutive quarterly results, he bet on mobile ads.moreless
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