Report: 'Hedgetards' didn't pump cash into Facebook
Remember, right after Microsoft's $240 million stake in Facebook was announced, when a Forbes blogger reported that two New York hedge funds were also contributing $500 million? And how funny was it that Fake Steve Jobs (also known as Dan Lyons, also on the Forbes payroll) proceeded to post the same news, except that he infused it with hilarious FSJ neologisms like "hedgetard?"
At the time, most people seemed to take it as the truth. After all, the $15 billion valuation for Facebook turned out to be true, so Facebook observers were likely in a state where … Read more