Facebook: The long road to an IPO
Finally! The Facebook IPO is here. Speculation about when Mark Zuckerberg would take Facebook public has been a favorite pastime of investors for years, and now those investors are scrambling for their share of one of the hottest IPOs in history. The offering price of $38 per share translates to a company valuation of $104 billion. All the more remarkable when you consider that only about eight years ago, Facebook was just an idea kicking around in a Harvard dorm room.
Also listen to Zuckerberg's comments to 60 Minutes about a Facebook IPO before he made his landmark decision: