Quote:
Originally Posted by Houdini
I've read that Facebook is one of the worst IPO's ever. You could argue that it's actually one of the most successful. The ENTIRE purpose of an IPO is to raise as much money as possible and Facebook got the TOP of their range.
|
That and usually bankers make a lot of money on IPOs. Facebook made sure the investment banks only got their fees for putting the deal together. Facebook raised maximum cash while leaving the least on the table.