The Facebook IPO Proves The New Rule That Private Markets Trump Public Markets
- Monday, August 20, 2012, 12:01
- Market
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The Facebook IPO is a cynical tale of selling cheap shares privately at peak rates of growth– only to dump the shares on the unsuspecting public when growth suddenly slowed. Imagine; in the face of slower growth Facebook and its financial advisers upped the ante
http://www.forbes.com/sites/robertlenzner/2012/08/19/the-facebook-ipo-proves-the-new-rule-that-private-markets-get-the-best-deal/