Taking a company public isn’t as simple as collecting Facebook friends.
Even if the company is Facebook.
When the social media company’s stock starts trading Friday under the symbol FB, buyer demand is expected to explode. At its initial offering price of $38 a share, the 8-year-old upstart is worth $104 billion. That’s more than such giants as Disney and Kraft.
The riches that will flow to the company and its early investors total nearly $16 billion.
As with any initial offering, Facebook’s IPO follows lots of negotiation — over price, paperwork, selling and buying. Here are some questions and answers about its public debut:
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