Facebook finally announced its initial stock price today — $38 for those keeping score at home — which means, well it means a lot of folks in the greater Menlo Park metropolitan area just became rich — really rich. And for us it means, well it means, the 99 percent just got smaller.

Brandon Bailey Brandon Bailey (142 Posts)

Brandon Bailey covers Google, Facebook and Yahoo for the San Jose Mercury News, reporting on the business and culture of the Internet.