After Facebook's IPO flub, value of tech startups falls back to earth
www.theverge.com
JUNE 20, 2012
The market just opens and the issuing companies sell their stock directly to the market. No privileged allocations handed out at a guesstimated ‘issue price’, no closed roadshows for the privileged few, no private briefings for the fat cats. the poor individual investor). June 19, 2012. June 19, 2012.
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