One of if not the most anticipated IPO occurred this past week, that being the Initial Public Offering of Facebook's stock. Starting at just under $40 a share, Facebook's initial price on the stock market is one of the highest of all time for a starting value, causing many economists to question the future as a public entity. In the cartoon, big time wall-street investors are in the elevator hoping to get a hold on some stock, while the common-folk is forced out of the elevator with no chance at obtaining any. With only a certain amount of shares available, the majority of these were obtained by big name funds and private investors, not allowing someone like you and I to get our chance at any. After a few days with Facebook's price per share down nearly 10% maybe it's a good thing that I didn't get a chance to invest in it yet. With such high expectations and such a high IPO price, it seems almost impossible that Facebook will live up to the hype that it has found itself in. As a technology company, it seems risky to be optimistic, but Mark Zuckerburg is sure making a ton of money off of this IPO, so what else really matters? Right?
http://politicalhumor.about.com/od/politicalcartoons/ig/Political-Cartoons/Facebook-IPO.htm
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