Remove 2012 Remove Initial Public Offering Remove IPO
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How do Banks Make Money? Explanation, Examples

Peak Frameworks

When Facebook went public in 2012, it needed an investment bank to handle the Initial Public Offering (IPO). Goldman Sachs was one of the lead underwriters and earned considerable fees and reputation points for facilitating one of the largest tech IPOs ever.

Banking 52
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What is the Business Life Cycle? (The Five Stages of Business)

Peak Frameworks

After it went public in 2012, Facebook had the capital to grow significantly, acquiring companies like Instagram and WhatsApp, and diversifying its revenue streams. Choosing the right exit strategy—be it acquisition, Initial Public Offering (IPO), or management buyout—is critical.