[quote=flu][quote=ltsdd]
….. Another thing I don’t get is the timing of the IPO. Why now and not between October-April?[/quote]
I don’t think underwriters were counting on the Greece debacle, and probably when they filed, the economy looks like it was just starting to recover…
[/quote]
No, I was referring to the old adage of “sell in May and go away” and not the Greece thing. I guess the process of filing an IPO is long and laborious so MS went with whatever earliest date they could. Here’s a list of a few companies with a global name recognition and its market cap:
ebay: $51B
amzn: $98B
nike: $49B
dis: $79B
Does anyone here thinks FB is in the same class as these? Name recoginition-wise, yes. But product-wise is a definite no.