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A Year Later, Facebook's Rock-Star 'Status' Vanishes

In the months preceding its highly-anticipated debut a year ago this weekend, Facebook (NASDAQ:FB) was seen as a shooting star with limitless potential that would light a fire beneath the IPO and venture-capital worlds.Twelve months and one incredibly-rocky IPO later, and it's clear that Mark Zuckerberg's social network has failed to come close to those unrealistic expectations."They pretty much ruined that image in one of the most badly-handled offerings I've ever seen," said Roger Kay, president of Endpoint Technologies Associates. "I think Facebook has become a utility that people expect to have and use. It's found its place. But it's already had most of the impact it's going to have."That's a far cry from the bullish predictions and hype that surrounded Facebook's IPO on May 18, 2012, which raised $16 billion for the social-networking giant – the third-largest in U.S. history.Facebook stormed into the public markets with an initial market capitalization of $104 billion -- roughly e...

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