Could Facebook deliver the largest IPO in history? Some think this might be the case, for a technology play that just a few short years ago analysts were dissing because a method to monetize traffic wasn't obvious to them.How will the market value a portal that now supports more than 1 of every 10 human beings on earth? Could Facebook establish a new metric in dollars per user.
This discussion brings to mind another in 2005 when the Google IPO came to market. Imagine using an auction to establish the pre-market price of shares. No wonder the analysts got it wrong.
Take a look at this amazing graphic
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