Facebook wraps up IPO road show in Silicon Valley

May 12, 2012
Facebook board member Marc Andreessen, who also co-founded Netscape, leaves a hotel in Palo Alto, Calif., Friday, May 11, 2012 from an investors meeting about Facebook's IPO. CEO Mark Zuckerberg and other executives spoke to prospective investors at the hotel luncheon on Friday. The event was the last of the bigger roadshows Facebook Inc. is holding ahead of its initial public offering expected late next week. (AP Photo/Paul Sakuma)

(AP) -- Facebook CEO Mark Zuckerberg and other executives addressed about 200 prospective investors Friday at a hotel luncheon in Silicon Valley.

Friday's event was the last of the bigger road show events that Inc. is holding ahead of its of stock, which is expected late next week. The luncheon was held at the Crown Plaza Hotel in Palo Alto, Calif. Zuckerberg arrived in a caravan of black SUVs and got in the hotel's back entrance.

He gave prospective investors a 10-minute presentation. That was followed by a 35-minute question-and-answer session with Zuckerberg, Chief Operating Officer Sheryl Sandberg and Chief Financial Officer David Ebersman.

The event followed similar meetings in New York on Monday and Boston on Tuesday. Facebook will hold some smaller, private meetings in the coming week but nothing as big as those three. The company also has posted a version of its road show presentation online.

Facebook Inc. is expected to price its IPO on Thursday and begin trading on the on Friday under the ticker symbol "FB." The offering could value the company near $100 billion.

Explore further: Facebook raises $1B more from non US investors

More information: Link to Facebook's road show video: http://facebook.retailroadshow.com/launch.html

0 shares

Related Stories

Facebook raises $1B more from non US investors

January 21, 2011

(AP) -- Facebook said Friday it has raised $1 billion from non-U.S. investors, which combined with an infusion from Goldman Sachs and Russia's Digital Sky Technologies in December, brings the haul from its latest round of ...

Obama to answer questions at Facebook HQ

April 5, 2011

US President Barack Obama will answer questions submitted via Facebook during an appearance at the social network's California headquarters later this month, the White House said Tuesday.

Top Facebook executives surpassed Zuckerberg in pay

February 2, 2012

Facebook's chief operating officer made more than $30.5 million last year, more than 20 times what founder Mark Zuckerberg earned as the CEO of the social networking giant, company IPO filings Wednesday showed.

Facebook discloses details on bonuses

February 9, 2012

Facebook's top executives, including CEO Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45 percent of their base salaries and other earnings, according to a Wednesday regulatory filing.

Report: Facebook IPO set for May 18

May 2, 2012

(AP) -- Facebook will go public on May 18, a published report says, in one of the most highly anticipated tech initial public offerings since Google went public in August 2004.

Recommended for you

Interactive tool lifts veil on the cost of nuclear energy

August 24, 2015

Despite the ever-changing landscape of energy economics, subject to the influence of new technologies and geopolitics, a new tool promises to root discussions about the cost of nuclear energy in hard evidence rather than ...

Smart home heating and cooling

August 28, 2015

Smart temperature-control devices—such as thermostats that learn and adjust to pre-programmed temperatures—are poised to increase comfort and save energy in homes.

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

kaasinees
not rated yet May 12, 2012
Silicon Valley is the WallStreet of "technology".

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.