Facebook IPO Set for May 18
Insiders say roadshow to start Monday
By Rob Quinn, Newser Staff
Posted May 1, 2012 11:29 PM CDT
Updated May 2, 2012 5:00 AM CDT
Facebook CEO Mark Zuckerberg plans to take part in the IPO roadshow over the next couple of weeks, insiders say.   (AP Photo/Paul Sakuma)

(Newser) – Facebook plans to begin a roadshow to pitch its stock to investors on Monday, clearing the way for an initial public offering on May 18, sources tell the Wall Street Journal. Mark Zuckerberg plans to appear at some meetings but other top Facebook execs will be handling most of the roadshow, the sources say. The closely-watched IPO is expected to value Facebook at up to $100 billion and raise up to $10 billion, making it the biggest in Silicon Valley history.

"I have not seen as broad-based interest in an IPO since Google. Investor demand is immense," an analyst at research firm IPO Boutique tells Reuters. "I expect a roadshow that will rival all roadshows where investors will be turned away at the door." But the timing has mystified some analysts, including Darcy Travlos at Forbes, who believes Facebook should wait a few months to show investors that slowing revenue growth can be turned around and the company's $1 billion acquisition of Instagram was a wise move. "Going public now raises the question: Is this as good as it gets?" she notes.

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May 2, 2012 1:01 PM CDT
Everybody is always like Facebook vs. Google. That doesnt even make sense, they started under differenet premises, and unlike Facebook, Google has staid as true to it's goal as an internet company can. Never forget Facebook is for college students to connect to other college students.
May 2, 2012 11:20 AM CDT
Didn't Zuck blow off investors mere weeks ago, before spending $1B on Instagram? Now there is a road show? How many shows will there be where Zuck doesn't show up, disappointing (potential) investors/stock holders?
May 2, 2012 7:54 AM CDT
Facebook Fools parting with their money. I don't blame Zuckerberg, he is just following in the foot steps of Barnum and Bailey. People should stop giving birth to so many suckers.