Facebook's IPO road show hits the Big Apple

Facebook's leaders, including its founder and CEO Mark Zuckerberg, started their IPO "road show" Monday in New York City. The company, which is expected to start selling some of its stock publicly later this May, had already released a video version of its road show presentation but today, The Wall Street Journal reports that Zuckerberg made an in person appearance today in the Big Apple in front of over 500 high powered and possible Facebook investors.

The one hour presentation began by repeating the video that was already released on the Internet. After that was over, the Facebook team took just six questions from the audience; the Q&A was delayed thanks to a bathroom visit by Zuckerberg.

Not much else was revealed in the session. When asked if he would still pay $1 billion for the photo sharing app Instagram, Zuckerberg did say, "I'd do it again." Other topics included Facebook's possible future in China and any plans the company has to increase revenue from its mobile app products.

The road show continues on Tuesday in Boston and then continues in Chicago, Denver and Menlo Park, California for the next couple of weeks. Facebook's IPO launch could launch as soon as May 18th, if some reports are correct.

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with all the Apple news lately, I thought the "Big Apple" meant the apple headquarters and was thinking uh why? *lol* ugh forgot about New York...

I really don't understand this IPO business, yes i know it means Initial Public Offering or something and they sell(?) stock(?) to regular people like us?

So if i have £100 can i buy some stock? what exactly does this stock get me? is it basically an investment? will i make money back?

Uplift said,
I really don't understand this IPO business, yes i know it means Initial Public Offering or something and they sell(?) stock(?) to regular people like us?

So if i have £100 can i buy some stock? what exactly does this stock get me? is it basically an investment? will i make money back?

Exactly! Let's say that facebook sells 1 stock for $100 and they earn lots of money and thier stocks skyrocket.. and they now sell them for $500.. well.. you just earned $400!

Uh...If you aren't sure how the stock market works, buying stock might not be a wise idea.
The secret to the market is this: RESEARCH.

ahhell said,
Uh...If you aren't sure how the stock market works, buying stock might not be a wise idea.
The secret to the market is this: RESEARCH.

It just seems like such an easy way to make money.. the chances stock going up for companies like Facebook & Apple i would assume is pretty high.

Uplift said,

It just seems like such an easy way to make money.. the chances stock going up for companies like Facebook & Apple i would assume is pretty high.


Apple is probably the only stock that consistently defies typical market expections, but that's because they actually have produce results and growth to warrant their current rise in stock price.

In the short-run, facebook is a safe bet for some nice gains over the next couple of years. Beyond that, who knows if someone comes up with the next big thing and causes facebook to start squirming. It's unlikely, but one thing about the stock market is unpredictability is what spooks investors and costs money.