Barry Diller: Facebook IPO Speculators ‘Deserve Whatever They Get, Good Or Bad’

Facebook’s oft-criticized initial public offering has at least one high-profile backer: InterActiveCorp Chairman Barry Diller, who spoke out in favor of the social network’s $38-per-share launch price on CNBC’s “Squawk Box” Tuesday morning.

Facebook’s oft-criticized initial public offering has at least one high-profile backer: InterActiveCorp Chairman Barry Diller, who spoke out in favor of the social network’s $38-per-share launch price on CNBC’s “Squawk Box” Tuesday morning.

david.cohen@adweek.com David Cohen is editor of Adweek's Social Pro Daily.