At the top levels of business and entrepreneurship, nice guys finish last.
Indeed, that is why we have laws and regulations and a legal profession and courts and all the attendant stuff, because, in the long run, the number of people who care about the "other" guys are not too many. That is the entire philosophic base of capitalism: every man or woman for themselves. So we have norms that have to be followed to keep things as clean as possible -- which is generally not very clean, but better than nothing.
We are not complaining here by the way, but that is just the way the system works.
Update: We just saw on Blogger that this is our 3000th posting on LawPundit. Is that an unexpected karmic projection as to a ca. $30.00 price per share for the upcoming Facebook IPO on May 17th, which is greatly oversubscribed? Note that Yahoo News reports in Zuckerberg kicks off Facebook's IPO show in New York that:
"Pivotal Research Group analyst Brian Wieser put a $30 price target on Facebook shares."Or, do we wax futuristic in anticipation of our 4000th upcoming posting somewhere down the road and prognosticate a $40.00 price per share?
Or should we go with Douglas Adams in an attack of wild crystal-balling and set the prognosticated IPO price at $42.00. Now, THAT would befit a galactic hitchhiker, as we find at GoodReads.com:
""All right," said Deep Thought. "The Answer to the Great Question..."Hence, in the last analysis, perhaps we should consider Milliways!
"Of Life, the Universe and Everything..." said Deep Thought.
"Is..." said Deep Thought, and paused.
"Forty-two," said Deep Thought, with infinite majesty and calm.”
― Douglas Adams, The Hitchhiker's Guide to the Galaxy "
As far as the Facebook IPO is concerned, Milliways is the milieu of choice:
Now what does all this have to do with the Facebook IPO? Everything!
After all, Facebook too is part of the Answer to the Great Question.
Otherwise, Facebook would not be worth hundreds of billions of dollars or more, now would it?