Why Facebook’s IPO Was A Success
In a world where the majority of IPOs are failures, Facebook succeeded — here’s why.
Published in
5 min readJan 13, 2021
Research has shown that the majority of IPOs underperform in the long run. For example, in a study conducted by J. Ritter, a calculation of the returns to a hypothetical investor who bought equal amounts of each US IPO between 1980 and 2009 and held each position for…
