It's enough to warm the cockles of your heart. BusinessInsider’s Blodget writes Facebook held a secret IPO "kickoff" meeting yesterday, in which it brought all its bankers and analysts together to meet company management and learn about the company.
Facebook doesn't need bankers to wave any wands. Facebook, for that matter, doesn't really even need bankers, except to act as travel agents and concierges while a couple of Facebook execs jet around the world to chat with some big-time investors in a few weeks.
Why? Because everyone already wants to buy Facebook's stock. And don't think Facebook doesn't know that. Facebook COO Sheryl Sandberg and Facebook CFO David Ebersman did talk with the bankers and analysts at the kickoff yesterday. Sandberg and Ebersman handle Facebook's business and financial affairs, and they do a great job at it, so it's not as though the bankers were completely deprived of face time with stars.
But Facebook CEO Mark Zuckerberg didn't bother going to the meeting...
What's not to like? Check out http://www.businessinsider.com/mark-zuckerberg-blows-off-wall-street-an-example-more-ceos-should-follow-2012-3
No comments:
Post a Comment