Facebook’s botched IPO slices California’s budget by $600M
Facebook's IPO was so messy that it's forced California to revise its budget estimates -- downwards.
Facebook's IPO was so messy that it's forced California to revise its budget estimates -- downwards.
Talk about a backfire. Controversial Facebook co-founder Eduardo Saverin, who recently renounced his U.S. citizenship and came under fire for supposedly skipping out on U.S. taxes, might actually end up owing more money — an estimated $43 million.
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