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>> Facebook's IPO was a resounding success. That's correct. The CFO who led this should get a huge bonus. As Mark Cuban said: if the CFO said he was able to ra
by runako 14y ago
>> Facebook's IPO was a resounding success.
That's correct. The CFO who led this should get a huge bonus. As Mark Cuban said: if the CFO said he was able to raise $10B in an IPO and then decided not to in order to protect investors, he should be fired. (That's a rough paraphrase.)
>> why would anyone want to be one?
Because if you can get in pre-IPO you usually do quite well selling to the suckers at the open. But the suckers don't realize that the key point is "pre-". A few might remember the glorious IPOs of the 90s that seemed to rocket up every day, and hope this will happen to every Internet IPO.