Last week's IPO of Facebook did not live up to the hype but at the end of the day the market capitalization of the newly minted social media giant was a whopping $105 billion. In my opinion, five years down the road we will look back at the hoopla the same way we now view the fate of AOL. Now, keep in mind that there is not a single property in all of Seattle that has lost as much in value as AOL. Read the rest of this entry »