Roll Up, Roll, Up: Facebook IPO Kick Off May 18?

X

Roll up, roll up, the most anticipated roadshow since Google is about to kick off.

2012050309114439803 300x300 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
Click to enlarge
Facebook IPO is on a timeline of its own. it seems.

Facebook IPO roadshow, which seeks to flog its potential to investors in the lead up to its Initial Public Offering is hitting town May 07, a source told Reuters.

If this comes to pass, then roughly two weeks later on May 18 should be the date Facebook or “FB” as it will be known on the Nasdaq, will hit the trading floor, the source also indicated.

And it seems Chief Mark Zuckerberg may not show his face at the roadshow next week, leaving his right-hand woman COO, Cheryl Sandberg, and Chief Financial Officer, David Ebersman, do the business of wooing investors with company projections and financials.

The 29 year old tech savvy boss appears indifferent to many of the more mundane aspects to running his multibillion dollar brainchild and his no show at a previous analyst meeting was said to have annoyed some investors.

Facebook’s roadshow was initially held up due to “a string of acquisitions and other business distractions” including the shock $1bn purchase of photo guru Instagram, sources indicated last week.

However, despite the delays it seems investors are not put off:

 

“I have not seen as broad-based interest in an IPO since Google. Investor demand is immense,” Scott Sweet from IPO Boutique, said.

And Sweet is anticipating a “roadshow that will rival all roadshows where investors will be turned away at the door.”

728x90 7 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
720 x 97 1 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
Olimpia Splendid Unico Cooling 728x90 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
Versa3 Leaderboard 728x90 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
728x90 5 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
en us WD MyPassportSSD WEB BNR 728x90 Final Sustain V2 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
4SQM banner 728x90px SOUL Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
ARL0355 Arlo Essential Spotlight Mothers Day 2021 Banner 728x90 FA scaled Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
BW Trade In 728x90 1 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?
Banner Shyla 728x90 Roll Up, Roll, Up: Facebook IPO Kick Off May 18?


YOU MAY ALSO LIKE