Detailed text transcripts for TV channel - MSNBC - 20120518:09:54:00
Richest internet ipo in history and the third largest ipo ever overall. the ipo expected to raise $16 billion bucks for the company has raised facebook's valuation to $104 billion. you want to sound smart today tell your friends that one of the biggest tech ipo failures in history came in 1999 when online toy provider etoys.com raised $166 million for its ipo and sold at $76 a share on opening day before diving to nine cents a share less than two years later. the company went bankrupt in 2001 before being bought in court by kb toys. let's huddle up around the water cooler to watch the great ...