This Day in Business History: Facebook IPOs

May 18 2012: Facebook started trading on NASDAQ as FB, with common stock priced at $38 per share. This gave Facebook a $104B valuation, nearly four times Google’s $23B valuation at it’s 2004 IPO. The IPO was notable for more than its size; as technical glitches at NASDAQ later led to lawsuits from shareholders.

Sources:  Facebook, New York Times, Wall Street Journal

Read more from Goizueta Business Library’s collection:



Venture Capital Valuation Case Studies and Methodology
I’m an eBook




The Rise of the Platform Marketer Performance Marketing with Google, Facebook, and Twitter, Plus the Latest High-Growth Digital Advertising Platforms
I’m an eBook




A critical hypertext analysis of social media : the true colours of Facebook
HM742 .E57 2015