Quote:
Originally Posted by pstation
Yup :P
8chr
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Well, he is still not far from reality. Facebook guys cashed in this IPO only $5 billion.
The trick for higer market cap is to sold only few percent (5-15) from your company during IPO, so every "joe 6 pack" fund manager is going to chase it and you can value your company higher then.
Facebook learned this lesson from other social media IPOs. Of course, they could cashed up a bit more, definately more then 15 billions we were one and half year ago in this thread arguing against.
Read this:
https://gfy.com/showthread.php?t=1055878