To Be a Fly on the Wall at Facebook on IPO Day
Harvard Business Review
MAY 17, 2012
In July 1999, I left a law firm for a business development role at a startup with a strange name — Akamai Technologies. Then, in a seemingly unscientific frenzy in a paneled room on Wall Street, the bankers decide what price to place on the opening shares, and when to start selling them. The bankers priced the shares at $26.
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