Everyone needs to understand – an IPO is for the company’s current shareholders [who are selling stock] and the company’s operation’s benefit [because money was raised to fund operations], not the investors who buy shares in the open market after the IPO.
If you look at the IPO in those terms, it was a success!
Here is the MSNBC article:
After Facebook IPO debacle, finger-pointing begins.
Posted by Rhodes Holdings LLC on May 21, 2012 in BLOG, Business, Fortune 500, Public markets
Tags: Facebook, IPO, public markets
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