3 ms·
In the midst of all these pie-in-the-sky numbers being thrown around, one has to wonder if it will be another FB. http://en.wikipedia.org/wiki/Initial_public_o
by ihsw 13y ago
In the midst of all these pie-in-the-sky numbers being thrown around, one has to wonder if it will be another FB.
http://en.wikipedia.org/wiki/Initial_public_offering_of_Facebook#Subsequent_days http://en.wikipedia.org/wiki/Initial_public_offering_of_Face...
68 days after the IPO, 47% of its initial value was wiped out. It has since recovered but the suspicion stands -- were we fleeced? Was the price artificially and strategically pumped up so as to encourage investment?