Re:For High Tech Companies, Going Public Sucks
by bri3d on Sunday March 25, 2012 @01:49PM
(#3753220)
Goldman only sold their Facebook shares to non-US clients, because in the US, the deal would violate other rules regarding the privacy of private offerings (essentially too many people knew that Goldman were offering Facebook shares and the offer ceased to be "private" enough for the SEC).
http://online.wsj.com/article/SB1000142405274870339660457608...