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08 May

Facebook changes IPO pitch in Boston, scraps video

Investor holds prospectus explaining Facebook stock after attending show for Facebook Inc's initial public offering at the Four Season's Hotel in BostonFacebook Inc’s initial public offering pitch played to some bad reviews in New York, so for its Boston audience on Tuesday, the 30-minute video was scrapped and the company took more questions from analysts and potential investors. Facebook Chief Executive Mark Zuckerberg did not attend the breakfast pitch at the Four Seasons hotel in Boston’s Back Bay neighborhood. Facebook did not play the video, as it did in New York, after grumblings that not enough time was left for questions from the audience, according to analysts who spoke with Facebook officials. …

Original post by Reuters and software by Elliott Back



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