Monday, May 07, 2012

Zuckerberg Promoting Facebook Prior To IPO

Facebook founder and CEO Mark Zuckerberg took the show on the road today to pitch the company's upcoming stock to potential investors.

Zuckerberg, met with hundreds of potential investors this afternoon at a Sheraton hotel in midtown Manhattan. The goal was to raise support and awareness of the company's pending initial public offering (IPO) which many reports believe to be coming as soon as May 18th. Today's stop is the first inline for the nine-day roadshow which is said to include stops in New York, Boston, San Francisco, Chicago, Baltimore and possibly Los Angeles.

Last week Facebook launched the Facebook IPO Roadshow page featuring a 31min video of Zuckerberg discussing the company and giving potential investors a little insight into the past, present and future of the social networking giant.

Some reports have indicated that the Roadshow has disappointed some investors leaving them feeling shortchanged by a briefer-than-expected question-and-answer session and disappointed that they had been forced to watch a film about Facebook rather than using that time to converse with Zuckerberg, Sandberg, and Ebersman the Facebook management team.

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