Facebook IPO Expected to Boost Silicon Valley Economy

The Facebook IPO is expected to be a boon not just to the technology sector but to local business owners who've said they are smarter and better prepared to avoid the disaster of the previous dotcom bubble. Leonard Mezhvinsky, a developer in Millbrae, Calif., has spent the past three years building a property in Hillsborough, 30 minutes north of Facebook's headquarters in Menlo Park. He expects the $13 million, six-bedroom house to be completed in August or September, just in time for a...Full Story
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