How many underwriters did facebook have

Morgan Stanley also served as the online coupon company's lead banker. While returns haven't been great for buy and hold investors, some investors fairly or not judge the success of an offering by how much it goes up on its debut day.

But the bankers also have to think of themselves. Underwriters are charging smaller fees than usual to help sell Facebook to the public. But they are clearly hoping that working with the social network now could help them land potentially more lucrative merger advisory work down the road.

The Facebook IPO. Facebook's investment bankers are set to price the company's IPO late Thursday. Print Comment. How to buy 1 share of Facebook stock. In the days leading up to the Facebook IPO, news broke that its revenues were falling and General Motors was pulling its ads.

Bad narrative. Make management available to investors. The Facebook roadshow was pretty much an unmitigated disaster even though CEO and co-founder Mark Zuckerberg did show up. Some investors felt like in Zuckerberg's mind he was doing them a favor. Contrast that with former Chrysler chief Lee Iacocca, whom Colas said investors called "Sinatra" because of his flashy roadshow appearances.

Morgan Stanley and Facebook have come under extreme fire for not being forthcoming with information. Lawsuits are following. Very bad. For you. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation. Good Subscriber Account active since Shortcuts.

Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log out. US Markets Loading H M S In the news. Nadia Damouni, Reuters. Sign up for notifications from Insider! Facebook Inc. On Wednesday, the social network said in a new disclosure document that it added 25 underwriters to an original group of six for its IPO, as the company also boosted its financial muscles with a new credit line and bridge loan.

In addition, it offered more information on where it derives its revenue. You may change your billing preferences at any time in the Customer Center or call Customer Service.