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Facebook Ad Revenue May Rise Tenfold, Pachter Says
Posted
May 17, 2012
Views
60
May 17, 2012
60
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5:17Now PlayingMay 17 (Bloomberg) -- Michael Pachter, a managing director at Wedbush Securities, Paul Kedrosky, author of the Infectious Greed Blog and a Bloomberg contributing editor, and Bloomberg's Cory Johnson talk about Facebook Inc.'s initial public offering and the outlook for the social-networking site.
Facebook raised $16 billion in the biggest initial public offering by a technology company in history, pricing the shares at the top end of an increased range. They speak with Emily Chang on Bloomberg Television's "Facebook the Public Network." (Source: Bloomberg)
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