SAs on the FB IPO?
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 thrown on a live deal immediately upon starting your SA gig. Maybe things are different there though.
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 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 answers... makes sense haha
Corrupti consequatur dolores nesciunt dolores voluptatem enim veritatis. Et sit sint temporibus nostrum aut dicta aliquam. Ipsum totam alias deserunt modi natus. In nemo eaque et et mollitia labore. Molestias eveniet amet tempora ipsa.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...