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LSUlunatic 
Butler Fan
Member since Dec 2006
6004 posts
| How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 10:06 am)
Not really sure how these things work.
This post was edited on 5/22 at 12:29 pm
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kfizzle85 
LSU Fan
Houston
Member since Dec 2005
19915 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 10:27 am to LSUlunatic)
quote:
Facebook, Inc. is offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 157,415,352 shares of Class A common stock. We will not receive any proceeds from the sale of shares by the selling stockholders. This is our initial public offering and no public market currently exists for our shares of Class A common stock. We anticipate that the initial public offering price will be between $34.00 and $38.00 per share.
[LINK]
This post was edited on 5/15 at 11:01 am
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igoringa
LSU Fan
Tejas
Member since Jun 2007
9289 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 10:39 am to LSUlunatic)
Facebook will get the cash for the 180 million shares they sell (180 mill * 38). The will get nothing for the shares the shareholders sell (157 mill)
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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
49525 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 11:35 am to igoringa)
I have clients calling left and right about this stupid stock. Is it anything more than a cash out event? What am I missing? The company doesn't need an infusion of cash. The money has been made. This is purely a liquidation of sorts.
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TheHiddenFlask 
Clemson Fan
The Welsh red light district
Member since Jul 2008
16386 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 11:43 am to Broke)
quote:
I have clients calling left and right about this stupid stock.
Everyone I know wants to ask me about this turd of a stock and when I tell them it's a turd, they want to argue with me, despite having no basis.
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barry 
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
34705 posts
 Online
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 11:44 am to TheHiddenFlask)
I sort of want to buy some as soon as it hits the market, make 5-10% then dump it.
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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16386 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 11:52 am to barry)
quote:
I sort of want to buy some as soon as it hits the market, make 5-10% then dump it.
I've sincerely thought onf that.
Like a 45 minute trade.
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kfizzle85
LSU Fan
Houston
Member since Dec 2005
19915 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 12:01 pm to TheHiddenFlask)
No one else is thinking this, I'm sure it'll work out awesome.
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barry
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
34705 posts
Online
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 12:13 pm to kfizzle85)
quote:
No one else is thinking this, I'm sure it'll work out awesome.
Not everyone will have the discipline to cut bait at 5-10%
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kfizzle85
LSU Fan
Houston
Member since Dec 2005
19915 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 12:18 pm to barry)
Sure, why not, I have no idea. I really can't wait for this thing to IPO. Its the financial nerd equivalent of a lunar eclipse.
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LSUlunatic
Butler Fan
Member since Dec 2006
6004 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 12:32 pm to kfizzle85)
So, Facebook stands to raise roughly 7 billion from its IPO?
And is there anything relatively atypical about this IPO in comparison to that of other tech IPOs?
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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63226 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 12:39 pm to LSUlunatic)
quote:
How much cash is Facebook's IPO expected to raise for the co?
A whole lot more than they deserve to raise.....
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barry
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
34705 posts
Online
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 12:45 pm to kfizzle85)
quote:
I really can't wait for this thing to IPO. Its the financial nerd equivalent of a lunar eclipse.
I know, I just want to see whats gonna happen.
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kfizzle85
LSU Fan
Houston
Member since Dec 2005
19915 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 12:50 pm to LSUlunatic)
They company is 10 years old, is being priced as if its about to hits its growth stage, and will IPO with the highest valuation of any IPO ever. Other than that, no its the same any other tech IPO (and the vast majority of all IPOs in general nowadays), which is a cash out event (and there's nothing wrong with that at all).
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barry
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
34705 posts
Online
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 12:59 pm to kfizzle85)
I really think this is one of the best IPO's to ever come out as far as sex appeal. Everyone is gonna want to own it regardless of what everyone thinks.
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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16386 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 1:02 pm to LSURussian)
quote:
A whole lot more than they deserve to raise.....
quote:
I really think this is one of the best IPO's to ever come out as far as idiot appeal. Everyone is gonna want to own it regardless of what everyone thinks.
FIFY. It is going to take the belt away from Pandora.
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GregYoureMyBoyBlue 
Georgia Fan
Member since Apr 2011
2334 posts
Online
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 1:03 pm to LSUlunatic)
My personal thoughts on the situation is that a good amount of the general public is looking to get into the stock while the investor savvy people seem to think it's overvalued and are looking for a quick buck then dump it.
My completely ignorant and zero basis projection: Opens at 37.5 peaks at 40 and ends the day at 35.
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beaverfever 
Arkansas Fan
Little Rock
Member since Jan 2008
4909 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 3:18 pm to LSUlunatic)
I'm curious what Facebook's plan is to increase their revenue 10 fold and warrant the share price.
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dewster 
Maryland Fan
TN
Member since Aug 2006
4447 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/15/12 at 3:38 pm to TheHiddenFlask)
quote:
Everyone I know wants to ask me about this turd of a stock and when I tell them it's a turd, they want to argue with me, despite having no basis.
Pretty much what I have been complaining about recently. I don't see the special appeal to this stock.
Stupid media buzz.
This post was edited on 5/15 at 3:41 pm
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AUtigR24 
Michigan State Fan
Happy Hour
Member since Apr 2011
6882 posts
| re: How much cash is Facebook's IPO expected to raise for the co? - Bump (Posted on 5/16/12 at 8:08 am to barry)
quote:
I sort of want to buy some
Based on what I've read the general public is shut out on the IPO. Only the usual suspects will get in (Goldman Sachs, Morgan Stanley) and 30ish others.
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