SAs on the FB IPO?
(King Kong, 1,117
Points)
on 2/2/12 at 12:21pm
Hey WSO,
So I know that Facebook just filed their IPO paperwork, and the offering is "expected to be completed in May." This would mean that SAs at MS/JPM/GS in TMT groups wouldn't have any exposure to the deal, assuming a June start date, right? Or is there typically follow-up work/other aspects of the deal that will extend until the summer?
Apologies in advance if this is a silly question.
Thanks!





I wouldn't count on being
I wouldn't count on being thrown on a live deal immediately upon starting your SA gig. Maybe things are different there though.
Guess regular analysts would
Guess regular analysts would go bonkers if an SA grabbed their spot on a Facebook live deal :D
There won't be much follow-up
There won't be much follow-up work for the banks. If a summer analyst is lucky, they might get to place the order for the deal toys... but unlikely.
Thanks for the helpful
Thanks for the helpful answers... makes sense haha
But the SAs in markets/equity
But the SAs in markets/equity would get a lot of exposure with the market making bc I am sure that will be a hot stok and MS esp will especially be he top market maker