Dan Niles Bet Against The Facebook IPO And Won

Meet The Man Who Knew Facebook's Stock Was Overhyped Before Everyone Else

Well, there's at least one investor who saw this whole Facebook mess coming. Dan Niles, the manager of an AlphaOne Capital Partners fund worth more than $100 million, shorted Facebook's stock soon after it opened and now he's reaping the benefits, according to an interview with Maria Bartiromo published in USA Today.