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Facebook IPO: Sign of New Revolution


We knew the Facebook IPO was going to be big. But we weren’t expecting anything like this.

According to venture capitalist John Frankel of FF Venture Capital, the Facebook IPO is much more than a hot stock coming onto the market – it’s a meaningful sign of the times.

It confirms Frankel’s belief that, “we’re going through something as big as the industrial revolution,” he says on CNBC’s Fast Money Halftime Report.

In other words, the supersized success of Facebook in such a short time signals enormous change both in business and the way we live. “It’s happening in content creation and content consumption.”

“It won’t be named for years but for now we can call it the content revolution,” he says,

Frankel goes on to say investors should not look at Facebook in terms of the next 3 months – or 6 months – or even 9 months. “Facebook it’s about the next 5-10 years,” he says. “And it’s a small part of a very big story.”

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Trader disclosure: On May 14, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long SBUX; Joe Terranova is long UPL; Joe Terranova is long LQD; Joe Terranova is long HPQ; Joe Terranova is long SNDK; Joe Terranova is long NFLX; Joe Terranova is long SJM; Jon Najarian is long call spreads in GRPN; Jon Najarian is long call spreads in YHOO; Jon Najarian is long call spreads in SBUX; Jon Najarian is long call spreads in ZNGA; Jon Najarian is long call spreads in MCP; Jon Najarian is long call spreads in UA; Jon Najarian is long CIGX; Jon Najarian is long DDMG; Jon Najarian is long CBOE; Jon Najarian is long CME; Stephen Weiss is long JPM; Stephen Weiss is short BAC; Stephen Weiss is short FCX; Stephen Weiss is short CAT; Stephen Weiss is short CHK; Stephen Weiss is short JCP

For Mark Mahaney
Citigroup is a market maker in GRPN

For John Frankel
Nothing to disclose

For Eric Jackson
Eric Jackson is long YHOO

CNBC.com with wires.