But like any growth-stage company, Facebook needed money, and private companies face restrictions on how much stock they can issue for cash. In early 2011, Goldman Sachs helped Facebook conjure IPO-type money without an actual IPO by creating a ...
The Atlantic
View Complete StoryFacebook's IPO was one of the most widely anticipated in history. It was a company that both Wall Street professionals and the average investor understood and used every day. But Facebook's first day on the market was chaotic, to say the least, botched ...
CNNMoney
View Complete StoryIt was supposed to be the IPO of the decade: a soaring success that would finally shake Silicon Valley out of its doldrums and pave the streets with gold. Instead, Facebook's initial public offering one year ago today was derided as "the Faceplant ...
View Complete StoryA year ago yesterday Facebook Facebook made its initial public offering, so a retrospective might be in order. As I said at the time, I was highly skeptical of the launch. My doubts seem to have been vindicated as the stock is now down 31 percent since ...
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