Facebook IPO set for May 18

“Facebook’s long-awaited Initial Public Offering is happening in just two and a half weeks time, the Wall Street Journal reports Tuesday,” according to Mashable.

“Citing the usual anonymous sources familiar with the matter, the Journal says Facebook will begin its IPO roadshow on Monday May 7. That’s when companies traditionally make the rounds of mutual funds, large banks and other major investors looking for multi-million dollar stakes. (We’ve reached out to Facebook for official confirmation.)

“The name of the IPO roadshow game is to explain why your stock will be such a good buy, although in Facebook’s case that shouldn’t be too hard.”

The rest of the article is here.

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