3 ms·
Small Investors May Get to Own a Bit of Facebook
- wilfra 14y agoIf they really felt like they were 'the peoples company' and cared about the little guy they would have made this a central part of the IPO from the beginning, like Google did with their Dutch Auction. The only reason they may be considering this now and leaking info about it is because the demand isn't there to support a $100bn++ valuation - which is also why they are pricing shares in the $60-80bn range. Even more evidence this will be an underwhelming IPO and anybody wanting to buy shares should wait until they've been public for awhile to get a better deal.