Facebook's Ipo Sputters

Facebook IPO

Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.

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  • Why Facebook’s earliest efforts to kill off Snapchat completely backfired
    Snap CEO Evan Spiegel sold $50 million in stock this week, his first public sale since the IPO The founder of the communications app is worth about $4.5 billion. President Trump is using tweets from a Facebook executive to argue Russia didn’t influence ...
    02/17/2018 - 5:30 am | View Link
  • A look back in IPO: Facebook’s trailing profit and mobile intrigue
    Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch's venture capital-focused podcast. More posts by this contributor: Live from Disrupt SF: Equity talks Slack, Lyft and flying cars Understanding Roku’s IPO and its ...
    08/22/2017 - 4:48 am | View Link
  • Facebook’s horrible, stroke-of-genius IPO
    Two years ago, before Facebook went public, I wrote a feature for Wired with the title “For High Tech Companies, Going Public Sucks”. It was illustrated with this Mark Zuckerberg sadface: As it happened, going public did suck for Mark Zuckerberg ...
    02/19/2014 - 11:00 am | View Link
  • Banks get $100M for “stabilizing” Facebook’s IPO; uh, where was the stabilization?
    The big investment banks that orchestrated Facebook’s public offering last week divvied up a pool of $100 million for actions they took to “stabilize” the Facebook stock after the company’s IPO. This is a remarkable payment, considering that the ...
    08/18/2012 - 10:41 pm | View Link
  • Facebook's IPO may dampen confidence in future IPOs, survey says
    NEW YORK -- The market for initial public offerings may feel the effect of Facebook's botched IPO for months, a survey found. Of respondents to the survey by the Tabb Group, a Wall Street consulting and research firm, 46% said the market for IPOs would ...
    06/26/2012 - 12:19 pm | View Link
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  • Facebook
    Facebook is an American online social media and social networking service company based in Menlo Park, California. The Facebook website was launched on February 4 ...
    02/16/2018 - 7:30 am | View Website
  • Facebook | TechCrunch
    Facebook is an online social networking service founded by Mark Zuckerberg on February 4, 2004 with his college roommates and fellow Harvard University students ...
    02/16/2018 - 3:06 am | View Website
  • Mark Zuckerberg texted his now wife about cancelling ...
    A distraught Mark Zuckerberg texted 'Everything here is going really badly' before nearly cancelling Facebook's IPO
    08/10/2017 - 3:12 am | View Website
  • If You Had Invested Right After Facebook's IPO (FB, TWTR ...
    Find out more about how much you would have made if you invested $1,000 into Facebook Incorporated right after its initial public offering.
    08/13/2015 - 7:58 pm | View Website
  • Facebook's first big investor, Peter Thiel, cashes out ...
    Peter Thiel, Facebook's first big investor, has sold off most of his stake, turning his initial $500,000 investment into more than $1 billion in cash.
    08/20/2012 - 2:57 am | View Website
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