That's the latest, fb is going to raise as much as $16 billion. We think it will be more.
Facebook is going to make a handful of people rich and the rich lucky investors even more rich. Its going to be the IPO of the century.
By Kevin Quon: On May 17, Facebook (FB) sold 421.2 million shares to its underwriters at $38 a piece. In doing so, the company raised $16 billion dollars in an IPO that challenged the current records. Yet despite being equipped with... Read Post
And just like that, Facebook is officially a publicly tradable stock after the company sold over 420 million shares at $38 a pop yesterday to raise $16 billion for its IPO. Also “just like that,” the company’s been sued by some of i... Read Post