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FACEBOOK/MILLIONAIRES
RTR2V0S2
December 08, 2011
Karel Baloun poses for a photo at his home in Lafayette, California December 2, 2011. Facebook's IPO...
Lafayette, UNITED STATES
To match Feature FACEBOOK/MILLIONAIRES
Karel Baloun poses for a photo at his home in Lafayette, California December 2, 2011. Facebook's IPO has been long anticipated, but veterans of other startups that have gone public say the period after could be fraught with new challenges. One such person is engineer Baloun, who joined the social network in 2005 and left just over a year later to start his own online network for commodities-futures traders, funded by a tidy package of stock options. It failed and Baloun laments that he could have made a lot more money if he had stayed at Facebook. But he is philosophical, saying that the equity windfall gave him the cushion to do new things. Picture taken December 2, 2011. To match Feature FACEBOOK/MILLIONAIRES REUTERS/Robert Galbraith (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY)
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