So I noticed that GSVC is down 20% into the $15 range as they priced the follow-on offering at $15.00/share. The stock is trading now around $15.80/share, down from $19.50 yesterday. Why did they price this so low below the closing price? The registration statement had an assumed price of $18.75 or something like that,…
Tag: FB
So What is Facebook Actually Worth?
So like everyone else in the financial world (OK, maybe not) I went through the Facebook S-1. I don’t normally look at these internet/technology businesses especially when it is really hyped and there is no chance that this thing will come out undervalued. But I do think Facebook is an exceptional company so I decided…