So the Facebook (FB) IPO is now complete. Zuckerberg has collected his billions, the underwriters took their (discounted) selling commission, investors have taken a bath, and the class action suits are already being filed.
The transaction was a disappointment by any objective measure.
By Adam Alvarez:As the hours dwindle down until the most anticipated IPO since that of Google (GOOG), investors are left to only ponder the extent to which Facebook (FB) will surge when public trading begins. Never perhaps in the history of finance has a company been so assured of monstrous investor interest.