totally agree with you. One major point of that article was that, had Facebook IPO'd sooner, it would have been better off with the discipline that comes with being a public company. Baloney. I can think of a ton of companies that have manipulated their way under the watchful gaze of Wall Street. this follow up post makes some great counter points:
http://www.forbes.com/sites/tomiogeron/2012/07/27/post-ipo-f...