If you were a mutual fund manager, how would you determine which IPO shares to buy? Why do you think investment banks have the stated rules for allocating IPO shares? Go to retailroadshow.com and critique a road show of a firm that is about to IPO.
Why are new IPOs happening now? What types of firms are going public? What is the journal entry for an IPO?
What would you advise the chair of the SEC, Mary Shapiro, with respect to the “quiet period” before an IPO? Should it be upheld as is, changed, or completely eliminated?
So, if you wanted to go public after the Facebook debacle, what is your strategy? How long do you “have to” wait? What would be the downside of not waiting and proceeding now?
Why would Zynga want to price its IPO conservatively? How would you know whether or not they actually did price it conservatively?