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May 19, 2012

My Favorite Shot from the Fleecebook IPO

And, how much did the users get?

As much as a business story, it’s a “two Americas” story. Call it the outside looking in.

(photo: Spencer Platt/Getty Images caption: People look into the window of the Nasdaq stock market moments before Facebook shares went public on May 18, 2012 in New York, United States. The social network site began trading after 11:30 a.m. with shares jumping 13% to $43 before quickly falling. On Thursday Facebook priced 421 million shares at $38 each. Facebook, a Menlo Park, California based company, will have a valuation exceeding $100 billion.)

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