Facebook Announces IPO – Too Little Too Late?
Tuesday, February 7th, 2012
While it may be true that Facebook’s venture into the public domain is the most significant internet news of 2012 so far, it would appear most serious investors are underwhelmed. It’s difficult to imagine an impressive initial public offering (IPO) of $5 billion would be anything but spectacular and yet many are tentatively sitting on their hands. When Google went public in 2004 with an IPO filing of just $2.7 billion dollars, just over half of Facebook’s own IPO filing, a frenzy of interested investors stormed the SEC’s EDGAR site causing a legitimate crash of a government website; all in an attempt to read Google’s Form S-1. Since then the juggernaut that is Google has made many investors richer than they could’ve hoped, stocks spiking in 2007. However the few that were late to the party received less than impressive returns and it seems no one wants to be late to this party.








