“The Facebook IPO will be a dud.”
Had you said the words a few months before Facebook‘s (NASDAQ:FB) much-anticipated initial public offering in May 2012, you might have gotten a few dirty looks or laughs. While it was easy to see the company would have some issues coming public, the disaster that actually followed — its first-day glitch, the Morgan Stanley (NYSE:MS) fiasco, its four-month halving, its current -30% return — was the last thing anyone expected.
The impact was big — far bigger than Facebook. As I mentioned in a recent article, it all but killed off any hunger for social offerings, and the size of IPOs just hasn’t been the same. Read

A long-time follower of the IPO scene, back in 1999 Tom started one of the first sites in the space called WebIPO. It was a place where investors got research as well as access to deals for the dot-com boom. Tom also wrote the top-selling book, Investing in IPOs. In it, he covers all the aspects of analyzing an IPO, such as reading the prospectus, detecting the risk factors and understanding some of the arcane regulations. But don’t worry — if that process is too intimidating for you, thankfully Tom will do the legwork for you right here in the IPO Playbook blog.






