According to someone out there with the need to calculate this number, “the volume-weighted average price of Facebook stock on May 18, 2012, between 1:50 pm and 2:35 pm” was $40.527. That was the day Facebook went public. That was also the day that the modern stock market had, by […]
Sometimes you can mock things up ahead of time — you can figure out, going into something, what it’s going to be like to be *in* that something. And sometimes you cannot. In JFF parlance, the former is mock-up-able and the latter is un-mock-up-able. When something is mock-up-able, it makes […]