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Facebook IPO
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The Big Facebook Public Stock Sale Was………Not So Good

Today was the big day...the day Facebook went public with potential share buyers lining up with visions of riches beyond their wildest expectations. Facebook did raise over $18 billion which gets their market value to about $100 billion, which was the goal. The stock sale, known as an IPO (initial public offering), did much better than Google's IPO in 2004 which raised about $1.7 billion putting the market value somewhere around $26.4 billion, but again, that was 2004.

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