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Jan. 10, 2013

Despite hiccups, Facebook IPO largest of year

Even before Facebook Inc.'s May initial public offering settled at such astronomical numbers as $16 billion in funds raised at a market capitalization of $104 billion , there was never much doubt it would place the 8-year-old social media


By Andrew McIntyre


Daily Journal Staff Writer

Even before Facebook Inc.'s May initial public offering settled at such astronomical numbers as $16 billion in funds raised at a market capitalization of $104 billion, there was never much doubt it would place the 8-year-old social media giant atop various valuation lists and in record books.


The big unknown for investors was whether shares in this, the most anticipated tech IPO in a...

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