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While I agree with all of the above, I just don't see how it's a big deal. No one forces these HNW investors to buy facebook. If goldman can make money by creatively serving a market demand that was previously unmet, then kudos to them. It may be unfair for the little guy who would want to buy shares in fb as well, but there are tons of investments that only venture cap and angel investors can take advantage of (or in this case, get screwed on). So I dont get the hate.