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Francis Gaskins Articles

Is Mark Zuckerberg To Blame For Facebook’s IPO Fiasco? Is Mark Zuckerberg To Blame For Facebook’s IPO Fiasco?
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Despite all the hype leading up to Facebook’s IPO, the circumstances abruptly changed after the company’s public debut. The stock was priced at $38 per share, which valued the company at $104 billion. At this rate, Facebook became the third largest public offering in the history of the United States, behind General Motors and Visa.

Are You High on Yelp? Are You High on Yelp?
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On Friday, popular online review site Yelp began trading on the New York Stock Exchange. The company had a successful first day with shares jumping from $15 per share initial pricing to nearly $25 per share. Yesterday, in the company’s second day of trading, shares however dipped nearly 15 percent.

Exclusive: Does Facebook’s IPO Make Good Business Sense? Exclusive: Does Facebook’s IPO Make Good Business Sense?
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Companies file for IPOs all the time, but the recent filing by social networking giant Facebook has seemed to connect with nearly everyone, and in a big way. On Wednesday, Facebook filed for its IPO in hopes to raise $5 billion or more, which would make it the largest initial public offering from an Internet or technology company.