Facebook IPO

[simran]

Trudging through the trail of 2012 tech stories and yanking out the best was an onerous task. After much scrutiny, we have unearthed the absolute best
Perhaps the biggest tech story of 2012 was the highly anticipated event of Facebook going public at a whopping, previously unheard valuation of $100 billion.

The IPO driven by gung-ho analysts and rabid media ensured that the stock was already oversubscribed forcing Facebook to issue more shares. Not since the Google IPO debut had NASDAQ witnessed such madness.

[Guest]

Hi Simran

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