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Under: Investing & Retirement
IPO process
  • probowler123
    I recently opened an etrade account in anticipation of facebook going public in May. I take it that IPO stands for initial public offering. Anyway, I was curious about the process of a company going public. What does Goldman Sachs have to do with it? Who sells the stocks once they can be traded and purchased on etrade?
  • Admin
    LV
    Hi probowler123,

    We wrote a story on this topic. You should check it out before you try to buy Facebook stock, so you have all the facts: http://www.learnvest.com/2012/02/should-you-try-to-buy-facebook-stock-during-the-ipo-123/
  • probowler123
    Hi LV,

    You made a good point about how the number of Facebook users is plateauing. However, I think you are jumping to conclusions when you wrote that FB should not look to China for new users. If FB were available to the Chinese tomorrow, then we'd see millions of new profiles in a matter of hours. That's what could be on the horizon.

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