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Do not despair: Facebook revenue — and its share price — are just at the beginning

So, Facebook is now public, and it got off to the most unimaginable and inauspicious start, losing $4 between the NASDAQ’s opening and closing bells.

But don’t go jumping out any windows just yet.

There’s no question that the IPO …

Why Facebook’s GM ad drama won’t impact this IPO

The timing couldn’t have been worse. On the week of its IPO, Facebook saw one of its largest advertisers, General Motors, get up and leave the table, likely taking millions of dollars with it.

The move prompted a swirl of …

Check out Foodspotting’s new personalized picture menus for every restaurant

Foodspotting, once a repository for food porn, is branching out today with a new launch. The mobile app is now serving up personalized menus just for you, everywhere you go.

“We’re trying to be a picture menu for every restaurant, …

Tech materials of the future (and how you can make them yourself)

Flexible screens, wearable computers, conductive ink, wires that move like muscles: These are the materials that will make up the gadgets of the future, and they’re being dreamed up and developed in DIY hacker labs and garages all around the …

Fab.com relaunches, and it buries other social shopping experiences

Today, Fab.com is launching its third and most ambitious version of the site, and CEO Jason Goldberg said it’s going to remind you of window-shopping with your best friends.

“Imagine you’re shopping with your friends, and one of them picks …

Tech darling Twilio cozies up to Android with new client

Twilio has finally released its Android client with a new native software development kit that will allow Android developers to add VoIP features to any Android app.

The startup’s iOS client has been around since February, and today, Android developers …

Facebook’s shopping spree continues with Lightbox acqui-hire

It’s not an acquisition per se, but Facebook has just snapped up the seven-person team behind photo-sharing app Lightbox.

And yes, Lightbox is another mobile-focused company — the latest in a string of mobile acquisitions by the social network.

As …

Facebook shares’ starting price will be between $34 and $38

Facebook is likely preparing to increase its starting price for shares of Facebook stock. The previously announced price range was $28 to $35; new reports are pegging the starting price range between $35 and $40.

UPDATE 6:45pm Pacific: The Wall …

Scott Thompson: Should he stay or should he go now?

What a week it’s been! Here are the stories we discuss in this week’s edition of VBWeekly:

Come and listen to a story ’bout a man named Scott Thompson, a poor CEO who… well, who lied on his resume then

The newest social media fad? Buying a token share of Facebook stock

“When my kids were born, my dad bought them Disney shares, and we framed them and hung them up on the wall. They’re excited to know that they are a part of Disney.”

Mike Jones, MySpace’s onetime CEO, told VentureBeat …

Just like Eduardo, nearly 1,800 people renounced U.S. citizenship this year over taxes

Around 1,800 U.S. citizens living abroad formally renounced their citizenship in 2011 — just like Facebook co-founder Eduardo Saverin — and many did so for tax purposes.

Saverin told Bloomberg today that his decision was one of convenience; it’s widely …

Out of India: Meet tech’s latest global humanitarian

N.R. Narayana Murthy is one of the most powerful people in India.

He created one of his country’s most important companies. He sits on the boards and councils at Harvard, Yale, and Stanford, as well as corporations such as Unilever …