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enjoying a company valued at >90 billion?
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103 Site Supporter
Posted by dude on 2012-05-22 21:47:46

In Reply to: so....where are all the Facebook fanboys? posted by Doc on 2012-05-22 19:20:18

but yeah - they overpriced it ... the original price range was 28-35, which now seems about right

that said, lol @ the coverage of the ipo ... from company's perspective, in some ways the outcome is ideal - didn't leave a dime on the table

and for original investors/founders/employees, there is no difference between listing at 25 and price going to 30 and listing at 38 and going to 30

stock price in the days/weeks after an ipo = made mostly up story

that said, lol @ nasdaq and lol @ morgan stanley ... they both done fucked up and the fallout is only beginning for both

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